The Indian branch of the Chinese electronics company has increased prices across the board due to new exchange rates
Xiaomi announced via tweet on November 10 that it would be re-evaluating its prices due to the rise in the gap between the Rupee and the US Dollar. The tweet in question came from Xiaomi India MD, Manu Jain.
Mi Fans! INR has depreciated against US$ by ~15% since the beginning of this year, resulting in significant rise in input costs. We are adjusting the prices of Redmi 6, Redmi 6A, Mi Powerbank 2i & Mi TV (32″ Pro & 49″ Pro). Aiming to always provide honest price! Details below: pic.twitter.com/ldOQasO4IH November 10,2018 November 10,2018
The list of newly-pricier products consists of the Redmi 6, Redmi 6A, Mi TV 4A Pro, Mi TV 4C Pro, and Mi Power Bank 2i 10000mAh. This is the second price hike for Xiaomi this year, after the increase in the prices of the Redmi Note 5 Pro and Mi TV 4 back in May. back in May Redmi 6 (3GB/32GB) now @ Rs 8499, a price hike of Rs 500 from its launch price of Rs 7999. Redmi 6A (2GB/16GB), the base model, is now Rs 6599, an increase of Rs 600 from its original price of Rs 5999 Redmi 6A (2GB/32GB) has seen an increase of Rs 500 from its launch price of Rs 6999. Now @ Rs 7499. Mi TV 4A Pro (49-inch) @ Rs 31,999. This newer, mid-range version of the Mi TVs has been increased by Rs 2000 from its initial launch price of Rs 29,999. Mi TV 4C Pro (32-inch) now @ Rs 15,999- a hike of Rs 1000 from its initial pricing of Rs 14,999. Mi Power Bank 2i 10000mAh now @ Rs 899. It was only Rs 799 upon its launch in India
The new price scheme came into effect from November 11,2018. This announcement by Xiaomi came shortly after Realme CEO Madhav Sheth confirmed plans to hike smartphone prices post-Diwali. confirmed OnePlus 7 may not be the upcoming 5G phone from the brand OnePlus 7 may not be the upcoming 5G phone from the brand
