Apple has slashed the price of the new iPad (3) in India by around Rs.1400/ on each model, saving you the price to buy a smart cover. Here are the exact price of the new iPad in India:

• iPad with Wi-Fi 16GB : Rs. 28,900.00
• iPad with Wi-Fi 32GB : Rs. 34,800.00
• iPad with Wi-Fi 64GB : Rs. 40,900.00
• iPad with Wi-Fi + Cellular 16GB : Rs. 36,900.00
• iPad with Wi-Fi + Cellular 32GB : Rs. 42,900.00
• iPad with Wi-Fi + Cellular 64GB : Rs. 48,900.00 [Via]

Apple earlier reduced the price of iPhone 4S (16GB) in India by Rs. 6,000; which is now available for Rs 38,500 and iPhone 4 (8GB) by Rs 9,600 which is now available for Rs 28,300.

iPhone 5 is scheduled for India launch this November 2nd and the 16GB iPhone5 is available for Rs. 45500/ (16GB), 32GB at Rs. 52500/ and 64GB for Rs. 59500/.

iPad Mini launch in India?

Looks like iPad Mini launch is being planned for November December [source] and given that Apple now has retail partnerships in India, expect them to stop treating the country as a dumping ground.