Apple’s ₹3 lakh foldable tests India’s appetite for ultra-premium smartphones

Apple’s foldable iPhone Duo is set to enter India’s ultra-premium smartphone segment at ₹3 lakh. Analysts see aspirational demand and category-building potential, though pricing, durability perceptions, overseas purchase options and reliance on financing or trade-ins may limit early volumes.

— Source publishedThu, 10 Sept, 2026, 21:43 IST·First seen Thu, 10 Sept, 2026, 21:51 IST·Source The Hindu BusinessLine

What happened

Apple’s foldable iPhone Duo enters India’s ultra-premium segment at ₹3 lakh. Analysts expect aspirational demand and category expansion, but high pricing,

Key facts

  • ₹3 lakh
  • ₹2.5 lakh

Why this matters

Apple’s entry could accelerate partnerships across premium financing, insurance, trade-in and service ecosystems as the market works to reduce adoption barriers for foldable devices.