The PS3 is capable of dishing out true 1080p resolutions, and I don't think you get any 1080p/HDMI HDTV for anything less than 200k in India. The best HDTVs one can go in for right now are the 32" LCD HDTVs that cost around 50k and can output at 720p.
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Originally Posted by soham
who said you cant have a CRT HDTV? Many CRT projection TVS are HD. They are cheap as well. you can get a 42" TV for around 60k.
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Incidentally, CRT TVs aren't HD. What you mean are DLP TVs. True HD resolutions are only available on DLP/Plasma and LCD HDTVs.