This is the full price of iPhone as contracts are still not popular in India, so you'll get the unlocked version. Without any carrier subsidies, Vodafone and Airtel will be requiring their customers to pony up Rs 31,000 and Rs 36,100, respectively, for the 8GB and 16GB iPhone 3G handset. That's still a very high price considering there are
India still lacks a 3G Network so you'll be left with just EDGE speeds at best with your new 3G iPhone if you buy one. Even though quite a few Handsets exist in India which are 3G capable, they can't be used in 3G Mode. Hope to see it changed when Indian Networks launch their 3G Network. The iPhone 3G will launch in India on August 22 through Vodafone.
Source : Vodafone India & Bharti Airtel