When I saw the US website for the price of say, iPhone SE
In India, (https://www.apple.com/in/shop/buy-iphone/iphone-se/4.7-inch-display-128gb-red)
which is 614 USD
But, in US,(https://www.apple.com/shop/buy-iphone/iphone-se/4.7-inch-display-128gb-red-unlocked)
it’s just 449 USD
What are the factors that are in play here?