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Why is Singapore Cheaper than India for Buying Electronics

Singapore is famous for cheap electronics products. In these electronics products, we can include camera, TV, laptop, stereo, fridge, stove and airconditioners. Recently, my friend did my photo shoot just for fun.  Above my photo shoot has been done with a camera which has been bought from Singapore. By seeing its quality, you can definitely understand that it is from branded camera. But when my friend told me the cost of this camera, I did not trust on him. He told me that his brother sent him this camera from Singapore and its cost is just about Rs. 9000 and in India, you can buy it after paying  Rs. 30,000. It is big difference.   

After searching cheap electronics in Singapore, I found its reason which I wrote following.

1. No  import tax
2. Retail prices are controlled directly by manufacturers.
3. Carrying Cost is low.
4. Race of promotion of product in international market.

Now, I can trust on my friends words "Singapore is cheaper than India regarding electronics products."

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Accounting Education: Why is Singapore Cheaper than India for Buying Electronics
Why is Singapore Cheaper than India for Buying Electronics
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Accounting Education
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