Sony Ericsson Xperia ray

Available for Pre-Order Flipkart @ around 19k

Seems very similar to the Mini..Any real major difference apart from size (other +6k looks way too expensive for just that)

Flipkart.com: Sony Ericsson Xperia Ray ST18i: Mobile

Umm.. differences are:

3.3 inch screen instead of 3
480x854 pixels instead of 320x480
higher pixel density
1GB internal storage instead of 320MB
4GB card instead if 2GB

8MP camera instead of 5
Front camera for video call

1500mAh battery instead of 1200mAh
6hr+ talktime instead of 4h+

Upload speed HSUPA of 5.76mbps instead of 2mbps

Source: Compare phones: Sony Ericsson Xperia ray, Sony Ericsson Xperia mini