Samsung Galaxy S5 was launched in India earlier this month with a price tag of INR 51,500 ($842.90 USD). Later, HTC launched the One M8 with a price tag of INR 49,900 ($816.71 USD) and the device will be available on the 7th of May. Just after which, the Galaxy S5 was found selling for INR 47,000 ($769.25 USD) at various online stores in India. After a number of blogs reported this as a price drop of INR 5,000, Samsung today, came out to clarify that they haven’t slashed the Galaxy S5 price in India but still, various online retailers are selling it far below its official price tag just a couple of weeks after its official launch. However, Samsung states that its official price is still INR 51,500.
The primary competitors of the Galaxy S5 are selling for a much lower price in comparison. The LG G2 is being sold at a very aggressive price of INR 34,000 ($556.48 USD) and the Xperia Z1 is being sold at a price of INR 35,000 (572.85 USD). The chief competitor of the Galaxy S5, Sony Xperia Z2,  is not yet available for purchase in India. To remind you, the Indian version of the Galaxy S5 comes with a 1.9 GHz octa-core Samsung Exynos 5422 processor instead of 2.5GHz quad-core Qualcomm Snapdragon 801 chipset.
Source: MySmartPrice