According to TPU, AT and HardOCP reviews, the 6950 and 6970 are cards that offer terrific value at their price points of 299 and 369$ respectively.
580 - 509$
570 - 340$
6950 - 299$
6970 - 369$
6970 offers 10-13% less performance than 580, but is 140$ less costly. At that price its a great card.
6950 offers 10-13% less performance than 570, but is 50$ less costly.
Even if we compare the $ to Rs. conversion for these graphic card prices base on 5870/5850 prices, 5850 was selling for 16-17k when it was selling for 299$ in the US. 5870 was selling for 22-23k when it was selling for 370$ in the US.
SMC international has pre-orders for 580/570 and 6950/6970. Their prices are as follows,
570 (MSI) - 28750
580 (MSI) - 22000
6950 (Unkown brand) - 23500
6970 (Unkown brand) - 28500
If these prices are indicative then 6950/6970 loose their price advantage pretty badly in India. They don't look desirable at all at that price, even if you consider the taxes etc. that we have to pay here.
For 6950/6970 to be successful in India they have to be priced at 18-19k for 6950 and 22-23k for 6970.
Maybe Shripad can throw some light one the accuracy of these prices.