New Delhi, Oct. 23 -- Apple's first foldable phone, the iPhone Duo, is in short supply in India as demand outstrips initial stock. The 256GB variant is officially priced at Rs.2,99,900, but some retailers are reportedly selling it at a premium of Rs.70,000 to Rs.1 lakh, bringing the effective price close to Rs.4 lakh.

Retailers in Ghaziabad, Noida and Delhi report shortages after the phone went on sale on Friday, 23 October 2026. India Today, which spoke to more than 17 retailers, reported that several received only about 10 units each.

The All India Mobile Retailers Association (AIMRA), which represents over 1.5 lakh mainline mobile retailers, also pointed to limited initial supplies. It said some top retailers expected around 100 unit...