PlayStation 2 was officially launched in India in 2003 at an MRP of ₹17,900, almost twice the prevalent grey‑market price due to roughly 66% customs duty on consoles. At launch, Sony estimated that about 200,000 people already owned a PS1 in India and that roughly 20,000 PS2s were already in the country through parallel imports.
By the late 2000s, PS2 had become Sony’s “entry‑level” console for India, and pricing dropped sharply:
Around 2008, Sony launched a newer, slimmer PS2 (“PS2 v4”) in India at roughly the same level as the previous model, around ₹6,990 according to one report, and as low as ₹6,490 according to another. Sony highlighted the sleeker design with an in‑built AC adapter and positioned PS2 as the affordable first console for Indian gamers, with games starting from ₹499.
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A 2008 report also noted that Sony had sold about 340,000 PS2 units in India by then,