Cupertino, Calif.-based acclaimed tech giant Apple Inc's latest flagship smartphone, the iPhone 5, is finally available in India.

Apple launched the successor to the iPhone 4S on Friday, November 2, forty-two days after the device's launch in the United States.

The tech giant has teamed up with distribution companies Ingram Micro and Redington, which announced the launch date for the smartphone last week. Previously, the US firm preferred the telecom operator-led distribution, where operators like Airtel and Aircel sold the iPhones.

The iPhone 5 uses a nano-sim card that isn't used by any other smartphone across the globe. Airtel, Vodafone and some other major telecom operators have already announced that they have stocks of nano-sim cards, indicating that the iPhone 5 would be available through all these operators. The nano-sim cards are used by only one other device - Apple's iPad Mini, which also hit various Asian markets on Friday.

For the Indian market, the iPhone 5 has been prices Rs 45,500 onwards. The 16GB version of the iPhone 5 costs Rs 45,500, while the 32GB and 64GB versions of the smartphone cost Rs 52,500 and Rs 59,500 respectively.

The iPhone 5 features a 4-inch retina display, but it is still 20 per cent lighter than its immediate predecessor - the iPhone 4S. Craze for the new smartphone can be gauged from the fact that the company registered around 150,000 pre-orders for the smartphone.