Google has announced that it has started selling the Nexus 7 Sleeve in Red colour option in 12 countries via Google Play. These countries are Australia, Canada, France, Germany, Hong Kong, India, Italy, Japan, Korea, Spain, US, UK.
It has been priced at INR 1,999 in India ($29.99 in US). You can check prices for rest of the countries in the Google Play. While other Nexus 7 Sleeve colour options like black, grey, and yellow were already available in some countries like US, Red is the first colour option to arrive in markets like India. It works with both 2012 and 2013 variants of Nexus 7.
From Google Play Description
The form fitting neoprene sleeve features an asymmetrical zipper for quick and easy access. The sleeve is both padded for cushioning and lined with soft microfiber fur to protect your device from scratches. A convenient outer pocket keeps all of your accessories close at hand. Compatible with all models of Nexus 7.