Currently, Apple holds a 22% share of India's smartphone market by value, coming in just behind Samsung, which has a 23% share, which could make for an interesting competition as both companies vie for the top spot.

As part of the product refresh, Apple has discontinued several older models and has announced price reductions for some of its existing models

The event themed ‘It’s Glowtime’, scheduled for 10:30 PM on Monday, will be streamed live on Apple’s official YouTube channel and India’s dedicated Apple website.

Apple is reportedly ramping up its manufacturing capabilities in India as it diversifies from China

When it is fully operational, the Hosur facility will hire 50,000 blue-collar employees, mostly women.