Like the knock off, designer watches that adorn Canal Street in New York, the recent unveiling of an iPad knockoff in India has the tech market abuzz. And like a faux Rolex, this tablet computer goes for the rock bottom price of $35. Could this be the way of the future?
Affordable technology for the masses? Or, just an inferior product, giving people the opportunity to experience a product/lifestyle that they otherwise would be unable to?
The truth is, this product follows a number of other such unveilings coming from India (the $2,100 Nano car, the $16 water purifier etc.) and the trend has shone a light on the increased demand and need for modern technology at an affordable price in the developing world.
While the western world can drop $500 on an iPad, the developing world’s poverty levels hinder its ability to keep on top of modern technologies. Additionally, the public is largely uneducated and so, these prices make a modern education possible. And the Indian government is adding even more incentive for potential buyers, by subsidizing the purchase of the product for students and dropping the price to $20.
Education over profitability? What a foreign concept and stark contrast to the western world’s obsession with profit and name brands.
Makes you wonder what an iPad is really worth, doesn’t it?
Maybe somewhere between $35 and $500.