Is it possible to buy a verizon iphone5s from the us and unlock it india?

I will be going to the us this december for christmas. I checked the best buy website( where i had previously brought my ps vita).furthermore an iphone5 in india cost rs.45000 while it's just 199$ in the us(locked version). Also wat do you mean by a 2year contract? What happens if we break that contract? Or wat happens'if we unlock the phone'.

You are locked into a 2-year contract, that starts about $80 a month, after 24-months, thats about $2000. If you don't keep paying the monthly fee, even unlocking, the phone will be blacklisted, when that happens, its illegal for any wireless company to allow it on their network.

If you break the contract you will have to pay exit fees and you will have to pay for the 24months fees. You can unlock the phone in India