Update: iPad listing on Apple India store is now live. Check here.

Great news for Apple fanboys across the world. Expect iPad 2 to arrive sometime soon. Of-course the iPad 2 rumors have been making rounds for quite some time now, but this news about Apple launching iPad in India on January 28th 2011 is a real clincher!

This is a good as well as bad news for us Indians. Good because the most sold tablet in the world is coming to India at a reasonable price (details below) and bad, since Apple is again seeing India as a dumping ground for their unsold inventory.

Is India a Dumping ground for Apple?

I guess so. Apple doesn’t consider India as a lucrative market. There are enough reasons for them to see it that way, but why make it so very obvious? If you remember, just before they launched iPhone 4, most of their unsold iPhone 3GS inventory came to India at a slightly reduced price. Till date, they haven’t bothered to launch iPhone 4 here. Just when they are ready with their second generation iPads, they have plunged into the Indian markets to dispose off their soon-to-be-expired stuff.

According to The Telegraph, both the Wi-Fi only and Wi-Fi + 3G versions will be coming to India on Jan 28th. The iPad will be sold only by Apple’s Premium Retailers like Imagine and Croma.

Apple iPad Price in India

The WiFi version of the iPad will be sold in three versions: 16 GB, 32 GB and 64 GB. The price will vary from Rs 26,000 to Rs 37,000. The WiFi that will come with a 3G Sim card will cost between Rs 33,000 and Rs 44,000, depending on the storage capacity of 16 GB, 32 GB or 64 GB.

It is important to note that we do not have the official press release yet, but assuming the rates to be true, they are priced reasonably well, unlike before, where they used to add VAT, custom duties and sales tax on top of the MRP.

Update: Official price list

iPad with Wi-fi :
16GB – Rs. 27,900
32GB – Rs. 32,900
64GB – Rs. 37,900

iPad with Wi-Fi & 3G:
16GB : Rs. 34,900
32GB : Rs. 39,900
64GB : Rs. 44,900

Let’s make no mistake. iPad is still the best tablet available BY FAR. Check my review here. The new soon-to-be-released tablets like Motorola Xoom & BlackBerry Playbook are trying their best to match up to the iPad, even going beyond iPad in some cases, but still finding it tough to match the user experience.

If you are in India, will you be buying the iPad? Or skipping it just to prove a point to Apple?

h/t @ashishmohta

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Raju is the founder-editor of Technology Personalized. A proud geek and an Internet freak, who is also a social networking enthusiast. You can follow him on Facebook and on Twitter. Mail Raju PP. Follow rajupp