CAN I BRING IPHONE 5 FROM USA TO INDIA?

I'm from INDIA. IPhone 5 in India costs above 50, 000 Rs approx. While in USA it starts from 199$ (10, 500 rs approx) to 399$ (21, 000 rs approx) according to the memory.
My Aunt is visiting India from USA, so can she bring IPHONE 5? Is it OK?
I have heard something about CONTRACT and MONTHLY PAYMENT in USA…
Please explain me about contract and monthly payment & also about Nano Sim card. I don't want to buy the IPhone 5 just like that and let my Aunt to pay monthly payment for the service that i'm not going to use…
So can't i use Iphone 5 of USA in India without any Contract, Payment Problems?

My friends told me that it can be use India by UNLOCKING the Iphone 5?
So please tel me shall i tell my Aunt to bring Iphone 5 from USA?

You probably can but i wouldn't because it seems risky to bring such an expensive device to such a busy country.

1st thing is the iPhone 5 will cost from $799aust to $999aust which is basically the same as USA. So I don't no where you got your prices from but there wrong. 2nd thing, you can buy from another country though all the features may not work in your country

You can bring upto 2 cell phone, 1 laptop
your iphone can easily be unlocked over here.

Bro, you can bring the iPhone 5 here, if it's on contract then it means your aunt need to use the company sim and service for at least 12 or 24 months depends which plan she take and once your iPhone is here you need to unlock it and use any Indian carrier sim. All features won't work in India as currently iPhone 5 is supported and launched in only 6 countries. Any help needed reply or mail me…