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The Cupertino-based tech firm now holds less than 2-percent of share in India's smartphone market, mainly on account of its cost-competitive market. Similar to the iPhone SE, the iPhone XE is expected to be a compact smartphone that would be a breath of fresh air for the buyers who yearn for a handy phone than large-screen phones. The 256GB iPhone XR is now available for Rs 74,000 which is the pre-discount price of the 64GB iPhone XR. The temporary price drop in the iPhone XR comes days after it was reported that Apple may start making its newest iPhones in India. Further, a 10 per cent cashback was offered in association with Citi Bank and Axis Bank that effectively brought down the price of iPhone XR, 64 GB model below Rs 70,000 from its MRP of Rs 76,900. Apple is known for surprising us every time it launches new phones, so let's be open to new developments that would occur before the company makes the iPhone SE successor official.

Before we get to the details of today's price decrease, you'll be intrigued to know that the reason Apple's removed 3D Touch on the iPhone XR has to do with the gadget's display. Furthermore, under this restricted time offer, HDFC charge and credit card holders will be qualified for 10 percent extra money back, getting iPhone XR's successful value ln India down to an appealing value of Rs. 53,900.

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Accoding to the report, Wistron, which a year ago announced plans to invest Rs 3,000 crore in the Narasupra industrial sector in Karnataka's Kolar district, started Apple operations with assembling low-end iPhone SE and later iPhone 6S.

Foxconn Technology Group is within weeks of starting trial production of the latest iPhones in India, as Apple Inc seeks to revive its fortunes in the country, people familiar with the matter said. According to a report by Bloomberg, Apple will soon start manufacturing iPhone X models in India. The change in pricing of the iPhone XR is a short-term promotional offer. The phone was launched a year ago alongside the iPhone XS and iPhone XS Max.

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Apple said during its most recent earnings report that it would be reducing iPhone prices in countries to compensate for shifting currency exchange rates, and it appears following initially doing so in China, Apple is expanding the program to India - a huge market where Apple has yet to fully grow.

Prices for the two other XR variants have also dropped.

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