Apple targets India’s ultra-premium segment with ₹2.99 lakh iPhone Duo

Apple plans to open iPhone Duo pre-orders in India on October 16, with sales starting October 23. The foldable device is priced from ₹2.99 lakh and will launch alongside more than 70 markets, extending Apple’s push into India’s high-end smartphone market.

— Source publishedSun, 13 Sept, 2026, 06:00 IST·First seen Sun, 13 Sept, 2026, 06:10 IST·Source Business Today · Latest

What happened

Apple plans to launch its foldable iPhone Duo in India from October 23 after October 16 pre-orders, priced from ₹2.99 lakh. The launch targets India’s

Key facts

  • ₹2,99,900 starting price for iPhone Duo
  • Up to 2TB storage
  • Pre-orders open October 16
  • Sales begin October 23
  • Launch spans India and more than 70 other markets

What changed

Apple plans to launch its foldable iPhone Duo in India from October 23 after October 16 pre-orders, priced from ₹2.99 lakh. The launch targets India’s ultra-premium smartphone segment as Apple’s India revenue and iPhone shipments continue to grow.

Why this matters

Apple’s ₹2.99 lakh iPhone Duo tests whether India’s luxury-tech buyers will pay a substantial premium for foldable innovation, making selective retail placement, financing and concierge-style service critical.

What to watch

  • Pre-order delivery windows, waitlist length and whether launch-week inventory sells out in Mumbai, Delhi, Bengaluru and Hyderabad.
  • The size and duration of bank discounts, no-cost EMI plans, trade-in bonuses and AppleCare+ bundle offers.
  • Price gaps versus Samsung Galaxy Z Fold models and any retailer-led effective-price reductions after launch.
  • Early reviews on crease visibility, hinge durability, battery life, repairability and India-specific service turnaround times.
  • Mix shift in Apple reseller sales toward higher storage variants, accessories and protection plans.