Those who are commenting that nothing is not responsible for the price cut are completely brain washed supporters of the company.
Think about this, when Apple first launch their 500$ iphone, it was considered upsurd by everyone out there but thet stuck to their guns. Even today, if you want an iPhone for cheap, you gotta wait one year at least.
so Nothing could have at least kept the same price for at least 7-8 months before dropping it. Decreasing the price just a few months after launch breaks customer trust. Now, the next time Nothing launches their phone India, people would rather wait for it to go on sale than buy it on day one.