Apple’s anticipated entry into the foldable smartphone market represents an vital innovation milestone not only in terms of its technological advancement but also in shaping consumer expectations worldwide – including India’s vibrant tech market where users often seek cutting-edge devices despite high price points.
For India specifically, introducing this luxury device might cater to niche segments already loyal to premium brands like Apple; however, its high projected price between INR Rs 1.73 lakh and Rs 2.16 lakh could restrict widespread adoption among average consumers accustomed to more affordable devices within competing ecosystems like Android.
India’s longstanding partnership with firms such as Foxconn – already involved in addressing global demand via local assembly hubs – underscores how India’s growing electronics manufacturing sector intertwines globally important launches such as these over resource shifts scaling further downstream economic value