The much awaited iPhone 6s is all set to hit the Indian markets on Friday, October 16.

The current price is set at Rs 62,000 for iPhone 6s lowest storage model, whereas, the iPhone 6s Plus is set at Rs 92,000 for the top-end model.

According to experts quoted by the Economic Times , the prices of iPhones in India are way higher than the overseas rates we see in countries such as the US, Singapore, Australia and the UK .

People wait in line as the Apple iPhone 6s and 6s Plus go on sale at an Apple Store in Los Angeles, California | Source: Reuters

The 16GB 6S costs £540 in the UK, $649 in America, and AU$1,079 in Australia. Comparing with those rates Indians are paying $308 more than Americans, AU$231 more than Australians and £80 more than those in the UK.

Hiked rates are also applicable for the higher end models, Americans pay $949 for the 128GB 6S Plus, that amounts to $466 less than those in India. In Australia it's AU$1,490, AU$460 cheaper, while those in the UK pay £790, about £135 less than India, reports CNET .

Bobby Evans holds a bag with a new phone as the Apple iPhone 6s and 6s Plus go on sale at an Apple Store in Los Angeles, California | Source: Reuters

There is a high possibility that amidst the presence of Samsung and other brands like Xiaomi, the high price might reduce Apple's user base in India.

The hype and excitement before the launch is always prominently visible among Indian buyers who wish to either upgrade or become first time iPhone user. But this time, buyers might need to think before investing a heavy amount on the smartphone or perhaps just find a way to procure it from the US, UK or even Singapore.

Feature image source: Reuters