Sony has launched its new flagship smartphone, Xperia Z2, in India at Rs 49,990. The Z2 is powered by the latest Qualcomm Snapdragon 801 quad-core processor clocked at 2.3 GHz along with 3GB of RAM. The smartphone, which will be available from May-12, sports the same 20.7 megapixel camera found in its predecessors, the Z1 and the Z1s.