The PlayStation 5 is getting more expensive in India – by at least 10%. On Saturday, Sony India quietly updated the prices for both variants of Sony’s elusive next-gen console, PS5 and PS5 Digital Edition, on Sony Center’s ShopAtSC website. The 4K Blu-ray-equipped PlayStation 5 now costs Rs. 54,990, up 10% from its launch price of Rs. 49,990. Meanwhile, its discless counterpart PS5 Digital Edition is getting even more expensive at Rs. 44,990, which is a 12.5% increase on its launch price of Rs. 39,990. This is likely due to the surging US Dollar (USD), which has affected almost all sections of society in the world. Gadgets 360 has contacted Sony India for comment, but we had not heard back at the time of publication.
Fortunately, there is no price change for PS5 accessories yet. The PlayStation 5 wireless controller, DualSense, is still priced at Rs. 5,990 (for white and black) and Rs. 6,390 (for blue, red, pink and purple color variants). You can get them below the MRP though, as always. The PS5 Pulse 3D Wireless Headset is still at Rs. 8,590, although it is regularly available at Rs. 7,890. The PS5 HD Camera remains at Rs. 5,190, although it is offered at Rs. 4,790 in most places. Finally, the PS5 Media Remote and the DualSense charging station retain their launch price: Rs. 2,590.
India isn’t the only market hit by a PS5 price hike – and it’s not even the first. In August, Sony India announced that the PlayStation 5 and PS5 Digital Edition were getting more expensive in the UK, Australia, Canada, Japan, China, Mexico, and some markets in Europe, Africa and from the Middle-East. While Canada saw the smallest increase of 3-4%, Sony’s Japan was the hardest hit with an increase of 21-24%. The PlayStation maker cited “high global inflation rates” and “unfavorable monetary trends”. Now the impact of the same has reached our shores. The Indian Rupee (INR) has fallen around 10% this year against the US Dollar.
For what it’s worth, the PS5 isn’t impacted as much as the Xbox Series X, which is up 12% from its launch price of Rs. 55,990. Unlike Sony, it didn’t. once. In July, Microsoft was the first to react to the strengthening US dollar, pushing the Indian price of its flagship game console up 6% from Rs. 49,990 to Rs. 52,990. Earlier this week, it reported further increased the price of Series X in India by more than 5% from Rs. 52,990 to Rs. 55,990. The new price is already visible on Amazon India, although some are eliminating old stock at a discount.
Microsoft’s digital-only console, the Xbox Series S, also suffered two rounds of price increases. Although the difference is the smallest, at 8.5% from the launch price. In June, the price of the Series S in India was increased by almost 6% from Rs. 34,990 to Rs. 36,990. Then in August, Microsoft made a small hike, bumping it up by 2.7 % from Rs. 36,990 to Rs. 37,990. While the Series S had become an unattractive prospect, given its price proximity to the PS5 Digital Edition, that has now changed. While Sony’s digital-only console was 14% more expensive than Microsoft’s at launch, the PS5 Digital Edition is now almost 18.5% more expensive than the Xbox Series S.
The PlayStation 5 now costs Rs. 54,990 in India, with the PS5 Digital Edition at Rs. 44,990. As of now, only Sony Center is listing the new prices. None of the other major online retailers – be it Croma, Flipkart or Vijay Sales – have yet updated prices on their website. PS5 pages on Amazon India and Reliance Digital remain offline. At the time of writing, other than ShopAtSC, only e2z Store was showing the new PS5 India price.