Tech giant Apple's much awaited smaller version of the iPad has finally been released in India with a price tag of 21,900 rupees for the basic version.

The 7-inch iPad Mini is 23% slimmer and weighs 53% lesser than the iPad tablet. According to the Wall Street Journal, the tablet computer has a 10-hour battery life for long usage.

Pad mini basic verion comes with a 16-gigabit storage capacity, and allows users to access the internet via Wi-Fi networks.

While the advanced version with 64-gigabit capacity, Retina display and internet access through both Wi-Fi and cellular networks has been priced at Rs. 41,900, the paper said.

According to the Journal, Apple will also start selling its latest fourth-generation iPad in India from Friday.

The firm has priced the base 16-GB Wi-Fi version for Rs. 31, 900 per piece and the most-advanced version at Rs. 51, 900 per unit.