This the most cheated phone with price and services, evry other phone with same features is coming with half of its price
iphone 4S price in India at 50900 INR for 32GB, is mainly due to the fact that India is facing currency depreciation. The price of iphone 4s has even dropped the sales upto 50% in the Indian market. In addition to that, the prices of different commodities like aluminium and copper has also increased.
This in turn, has automatically increased the prices of electronic products in the country.