Apple's decision to start sales of its new iPhone 8 and 8 Plus smartphones in India just a week after their global launch may be welcome news for die-hard fans of the Cupertino-based tech giant's products but it has driven the cheer out of the country's grey markets, according to reports.

Apple will launch the new iPhones in India on September 29 with pre-booking starting from September 22. According to the Economic Times, this means that die-hard fans who would rush to grey market sellers in places like Mumbai’s Heera Panna market and Delhi’s Gaffar Market ...