Speaking of the cheap economy, how does it effect things like consumer electronics? Would you expect to pay $1,500 USD on a MacBook pro, or is stuff like that also cheaper in India?
Maybe mobile phones are less expensive here.
MRP Rs. 60,900/- Indian Rupee (about US$ 1350) http://www.priceindia.in/laptop/apple-macbook-price/
Apple Store US for the same seems to be about US$1200.