Apple's first India-made iPhone SE is here; is this the new price?

Key highlights:

• Apple just completed a trial-run of the first-ever iPhone assembled in India
• iPhone SE available for around Rs 20,500 ($320)
• iPhone SE was supposed to be the cheapest smartphone of Apple

Apple just completed a trial-run of the first-ever iPhone assembled in India. This means the company is one step closer selling Made in India iPhone SE.

Media reports suggest that Apple Inc has begun initial production of a small number of iPhone SE handsets in Bengaluru and will begin shipping India-made devices this month itself.

Congratulations to @Apple for commencing iPhone assembly in India. Big boost to mobile manufacturing @_DigitalIndia.

— Secretary MeitY (@SecretaryMEITY) May 17, 2017

Assembling the iPhone SE will mean price drop? 

Certain Indian resellers are already offering the iPhone SE for around Rs 20,500 ($320) which is less than the Rs 25,500 ($399) Apple charges for the phone in the US.

Wall Street Journal said that an Indian government official it spoke to hopes that the price of iPhone Se assembled at this plant could be lower by as much as $100. 

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This would mean that the price of the iPhone SE could come down to around Rs 14,000.

The iPhone SE was supposed to be the cheapest smartphone of Apple, but is still out of reach to many in India. Bringing the phone to even Rs 16,000 could help it become more affordable.

The average smartphone price affordable for Indians is around Rs 9,600 ($150), according to IDC. 

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This means that it will be well above the minimum price range but will be affordable who are now spending Chinese-based smartphones such as Oppo, Vivo, Motorola, Xiaomi and OnePlus.