India becomes iPad 1 Dumping Ground

Apple has dropped the price of iPad in India. The starting price of the device (16GB) is Rs. 24,500 and overall there is a reduction of Rs. 3,000/ across all the device version.

Its not difficult to see the reason for this :) Apple is treating India as a dumping ground while the freshly brewed iPad2 will be available for shipping starting March 11th (worldwide, though not in India)