Samsung India on Saturday announced that Galaxy Gear smartwatch will be available for a price of Rs 15,500 in India.
Earlier this month, the Korean smartphone vendor slashed the price of Galaxy Gear smartwatch to Rs 19,075.
The company launched the smartwatch in late September at Rs 22,990 in India, ahead of the festival season.
Samsung is unable to sell adequate quantities of Galaxy Gear smartwatch.
At present, Galaxy Gear smartwatch is compatible with Samsung Galaxy Note 3, Galaxy Note 2, Galaxy S4, Galaxy S4 mini, Galaxy S4 Zoom, Galaxy S3 and Galaxy Grand 2.
The company will be adding more devices to the list.