The phones are manufactured at a facility in Bengaluru.
Made-in-India iPhone SE smartphones might be available as early as next week according to a Economic Times report. The manufacturing facility in Bengaluru has started to ship out the finished phones. The paper says that about 25,000-50,000 units of the phone are assembled every month.
But here is some bad news - the price of the much cherished phone will not go down. Apple is unlike to reduce the price as it will want to retain the premium tag attached with its brand. As Navkendar Singh, senior analyst at IDC India puts it "Apple is unlikely to change its retail prices in a hurry, considering the huge aspirational brand appeal in India for its products and their overall premium positioning."
There is still hope for us as some reports suggest that after the implementation of the GST, Apple will definitely benefit from the local assembly. The company might decide to reduce the retail price by as much as 10%. Now that's what we are talking about.