PlayStation 5 will become more expensive in India – by at least 10 percent. On Saturday, Sony India quietly updated prices for both variants of Sony’s elusive next-gen console, PS5 and PS5 Digital Edition, on the Sony Center website ShopAtSC. The 4K Blu-ray equipped PlayStation 5 is now priced at Rs. 54,990, a 10 percent increase over the launch price of Rs. 49,990. Meanwhile, its discless counterpart PS5 Digital Edition gets even more expensive at Rs. 44,990, which represents a 12.5 percent increase over the launch price of Rs. 39,990. This is probably due to the rising US dollar (USD), which has affected almost every part of society around the world. Gadgets 360 has reached out to Sony India for comment, but we hadn’t heard back at the time of publishing.
Fortunately, there is no price change for PS5 accessories yet. The PlayStation 5 wireless controller, DualSense, still costs Rs. 5,990 (for white and black) and Rs. 6,390 (for blue, red, pink and purple color variants). However, as always, you can get them under the MRP. The PS5 wireless headset Pulse 3D still costs Rs. 8,590, though it is routinely available at Rs. 7,890. The PS5 HD camera remains at Rs. 5,190, though it is being offered for Rs. 4,790 in most places. Finally, the PS5 Media Remote and DualSense charging station will keep their launch price: Rs. 2,590.
The new banner of the PS5 family on the Sony Center website ShopAtSC
Photo credit: Sony Center
India isn’t the only market affected when it comes to a price hike for the PS5 – and it’s not even the first. In August, Sony India announced that PlayStation 5 and PS5 Digital Edition were becoming more expensive in the UK, Australia, Canada, Japan, China, Mexico and certain markets in Europe, Africa and the Middle East. While Canada saw the least increase at 3 to 4 percent, Sony’s home base of Japan was most affected with an increase of 21 to 24 percent. The PlayStation maker cited “high global inflation rates” and “adverse currency trends”. Now its impact has reached our shores. The Indian rupee (INR) is down about 10 percent against the USD this year.
For what it’s worth, the PS5 doesn’t have as much clout as the Xbox Series X, which is up 12 percent from its launch price to Rs. 55,990. However, unlike Sony, that did not happen in one go. In July, Microsoft was the first to respond to the stronger USD, sending the Indian price of its flagship gaming console up 6 percent from Rs. 49,990 to Rs. 52,990. Earlier this week, it further raised the price of the Series X in India by more than 5 percent from Rs. 52,990 to Rs. 55,990. The new price is already visible on Amazon Indiaalthough some Clear old stock at a discount.
Microsoft’s digital-only console, the Xbox Series S, has also gone through two rounds of price increases. Although the difference is the smallest, at 8.5 percent above the launch price. In June, the price of the Series S in India was increased by almost 6 percent from Rs. 34,990 to Rs. 36,990. Then, in August, Microsoft made a smaller increase, making it 2.7 percent higher from Rs. 36,990 to Rs. 37,990. While the Series S had become an unappealing prospect given its price point close to the PS5 Digital Edition, that has now changed. While Sony’s digital console was 14 percent more expensive than Microsoft’s at launch, the PS5 Digital Edition is now nearly 18.5 percent more expensive than the Xbox Series S.
The PlayStation 5 costs now Rs. 54,990 in India, with the PS5 Digital Edition within on Rs. 44,990. For now, only Sony Center lists the new prices. None of the other major online retailers – be it Croma, Flipkart or Vijay Sales – have updated the prices on their website. The PS5 pages on Amazon India and Reliance Digital will remain offline. At the time of writing, apart from ShopAtSC, there was only e2z Store to display the new PS5 India Prices.
Affiliate links may be generated automatically – see our ethics statement for details.