It is really exciting to see that Apple iOS apps are now priced in Indian Rupees. This will avoid lot of confusion in terms of changing currency rates to dollars. You can see new Indian Rupee price tags all over on iTunes, iPhone & iPad devices.
It seems like Apple actually has bigger plan for India. Apple is only streamlining the payment mechanism for Indian buyers. Once process is in place, Apple has many pending features to be launched in India like Music, Movies & TV Episodes or support for in Store purchase across Indian Apple stores.