Reported iPhone 18 Pro pricing starts at ₹1,64,900 — and a foldable iPhone at ₹2,99,900. Who is this for?

Apple’s 9 September event brought a new Pro line and a foldable, and the India prices are eye-watering. Not judging anyone’s spending, but I’m curious whether people here upgrade every year or hold on for 4–5 years — and whether you’d ever pay foldable money for a first-generation product.