Graphic Cards Graphics cards AMD 7950/ gtx 670/ gtx 660Ti ???

Anyway, basically what I am trying to say is, we have to remove the customs component as this will be equal in most places. Adding cstoms is therefore not required to get an India of USD Vs. INR prices.

Roger that, but I still think the Indian prices are relatively highly inflated compared to the pricing in foreign nations.

How come a product which is ~300$ in the US, ~£270 in the UK, ~€250 in the EU nations suddenly has a ~20000/- + price tag in India [going by average currency values vis-á-vis E$]? I mean how many middlemen are there in the pie?
 
^ Yes prices seems to be highly inflated in india, i think depreciating rupee and customs need to be blamed. See i have done a bit research on HD7950 3GB prices in US, China & India. 1 USD = 55.58 INR, 1 USD = 6.35 CNY, 1 CNY = 8.74 INR


Sapphire HD7950 3GB on Amazon (US) = $407

Amazon.com: Sapphire 11196-02-40G Radeon HD 7950 3GB DDR5 HDMI / DVI-I / Dual Mini DP PCI-Express OC Version Graphics Card: Computers & Accessories

Sapphire HD7950 3GB on Amazon (China) = ï¿¥ 3169

???-??????????, ??Z.cn!

Sapphire HD7950 3GB on Flipkart = INR 30210

Sapphire AMD/ATI HD 7950 OC Edition 3 GB GDDR5 Graphics Card | Graphics Card | Flipkart.com

If we do direct currency conversion, prices reflects as

$407 =ï¿¥ 2584, means chinese people pay ~ 23% more than what it actually costs in US.

$407 = INR 22621, means we pay ~ 33% more than what it actually costs in US.

ï¿¥ 3169 = INR 27697, means we pay ~ 10% more than what people pay in china.
 
^^ Does that mean our customs are unnaturally high [a legacy of the License Raj]? OR The INR is really weak internationally?

I think it is a mix of both and that tge customs rates should take a nosedive, especially because I do not see Indian 'IT companies' entering the semiconductor business in a great force to make 'swadesi' versions of graphics cards. One of the reasons why customs are high in India; 'to encourage the Indian industries to create the equivalent of imported products within the country boosting the Indian economy. -- Nehruvian economics in motion' These guys liberalized the markets not the customs departments.
 
^ Yes prices seems to be highly inflated in india, i think depreciating rupee and customs need to be blamed. See i have done a bit research on HD7950 3GB prices in US, China & India. 1 USD = 55.58 INR, 1 USD = 6.35 CNY, 1 CNY = 8.74 INR


Sapphire HD7950 3GB on Amazon (US) = $407

Amazon.com: Sapphire 11196-02-40G Radeon HD 7950 3GB DDR5 HDMI / DVI-I / Dual Mini DP PCI-Express OC Version Graphics Card: Computers & Accessories

Buddy......HD7950 cost 330$ - 350$ in US. In the above link, it wasn't sold by amazon.com hence 400$ :)

check this out:
Newegg.com - HD7950

Now calculate the hefty % we pay in India which is more than 33% :(
 
Actually the dealers are blaming taxes and depreciating rupee for high prices and earning profit.
And there isn't any law about how much margin should be there.
In other words, we're screwed.
 
Actually the dealers are blaming taxes and depreciating rupee for high prices and earning profit.
And there isn't any law about how much margin should be there.
In other words, we're screwed.

Dealers just Enjoying the profits in the name of "Taxes and B.S"
 
^^ Does that mean our customs are unnaturally high [a legacy of the License Raj]? OR The INR is really weak internationally?
ALPHA17, The Indian customs duty for computer peripherals (not applicable for printers and the like) is 14.71 percent. But I also got to know from one of the distributors that, most of the time they don't pay this figure. Something like 5 percent is paid under the table and the shipment is processed.

Also if we look, almost all the computer parts manufacturing companies are in Taiwan, a few are headquartered in Hong Kong and very few companies like EVGA, XFX, BFG etc are from other countries. These brands do not have any presence here except XFX, which nobody buys, because of bad ASS. So when the Indian channel partners import these parts, the transaction happens either in INR or Taiwan Dollars (think about it, the whole Taiwanese economy is held together by chip manufacturer TSMC and all these other computer manufacturers. Computer industry is almost the backbone of that country). Isn't this proof enough that the US dollar fluctuation has absolutely nothing to do with the price inflation here? Its nothing but pure greed, that is dictating the hardware prices here. And as mav2000 suggested earlier, customs duties are present everywhere, even in the US (maybe a little less) so that should not be considered when converting.

One more thing, there is something called as the "Suggested international retail price", almost always shown in USD or EURO by the manufacturer. This includes the shipping cost, the distributors margin, the retailers margin and to a large extent the customs duties. Literally, the only extra taxes are the 5 percent vat, applicable octroi and other smaller taxes like CST.
 
ALPHA17, The Indian customs duty for computer peripherals (not applicable for printers and the like) is 14.71%. But I also got to know from one of the distributors that, most of the time they don't pay this figure. Something like 5% is paid under the table and the shipment is processed.

That Under the Table theory is Completely legit :D but Indian Dealers Might have to get most Components from Indian Distributors,I really Dont know which components carry International Warranty but i am sure they must be very few :P others they just have to get from distributors :D so to Find out original price,We must contact distributors,and check the bargains and real prices in order to know how much the Dealers are Putting into their Pockets ;p
 
Basically there are a couple of reasons for the high prices.

1. LOng supply chain and small orders
2. High margins at each of these levels, to insulate against falling prices
3. The beating INR has taken against almost all currencies in the world
4. Manufacturers not giving a damn about offering good value, but concentrating on margins

What can we do? Well nothing much unless everyone takes a call to stay away from computer components for a while an decide not too buy at these inflated rates.
Thats not going to happen so we will continue to be screwed over
 
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