After a long awaiting the iPhone has arrived in India. Apple Inc.’s hugely popular 3G iPhone made its debut in India on Friday, but with a price tag of $700 pheww.That’s almost 3 times the US Price.A midnight launch in the Indian capital drew a small but enthusiastic crowd to Vodafone Essar, one of the two retail distributors in India, at the city’s Connaught Place commercial district.

India is the world’s fastest-growing wireless market and with nearly 300 million subscribers is the second-largest market for such services after China.Operators have been adding more than 8 million customers a month, but most of them are low-paying users, who use their phone just for calling and not for data and multimedia services.

“Indians tend to buy the most fancy cell phones, and the iPhone has a massive fan following everywhere,” said Pinaki Mishra, head of retail & consumer practice at Ernst & Young.

“It is seen as a status symbol, an aspirational product, so you can expect to see not just the rich, but also tech-savvy youngsters and people in small towns buying it.”

Sanjay Kapoor, Airtel‘s president for mobile services, said the company received more than 200,000 pre-bookings for the new iPhone before prices were announced.

“iPhone has been an iconic technological revelation of this year and Airtel has been at the forefront of innovation and customer delight in the Indian telecom sector,” Sanjay Kapoor, President, Bharti Airtel mobile services, said.

iPhone is embedded with all 3G features and is twice as fast as the existing mobile phones. The phone also has in-built GPS system, that facilitates as a navigation and positioning tool.

Airtel subscribers who would like to book their iphone, can click here
Vodafone subscribers who would like to book their iphone, can click here
For complete details on iPhone’s, please click here

So finally, we can look forward to see that iPhone in most of the youngsters in India juts like this person who purchased that iPhone immediately without thinking or looking at it’s feature.

What do you about this much craze of iPhone?