The Chinese smartphone & TV-maker Xiaomi which is known for its value for money proposition has now decided to hike the prices of certain products including the Redmi 6 and 6A smartphones, Mi TV 4A Pro and 4C Pro along with the popular 10000mAh Mi 2i Powerbank, by a faint margin in India.
The confirmation for the same comes from Xiaomi India’s official Twitter handle as well as from Manu Kumar Jain, VP, Xiaomi. In its statement, the company mentioned that the Rupee value against the Dollar has depreciated by nearly 15% since the beginning of the year, resulting in an increment in the input costs for the brand. As a result, to maintain the revenue model, they have to increase the selling prices of the products mentioned above, moving on from the Introductory price phase which was in continuation since the September launch.
Mi Fans, we have an important update regarding Mi Powerbank 2i, Mi TV, and Redmi 6 & 6A. pic.twitter.com/apwZgycHwE
— Xiaomi India (@XiaomiIndia) November 10, 2018
Xiaomi Redmi 6A– the cheapest smartphone from the company, will now be sold for Rs. 6599 (price increased by Rs. 600) for the base model with 2GB RAM and 16GB storage, while the 3/32GB storage model will face a price increment of Rs. 500 and will go on sale for Rs. 7,499.
Following the same, 3/32GB variant of the Xiaomi Redmi 6 which was launched at an introductory price of Rs. 7,999 will now retail for Rs. 8,499, facing an accretion of mere Rs. 500.
The Mi LED TV 4C Pro (32-inch), and 4A Pro (49-inch) will now sell for Rs. 15,999 and Rs. 31,999 due to the price hike of Rs. 1000 and Rs. 2000, respectively.
Lastly, the 10000mAh Mi 2i power bank (that came for Rs.799 faced a price hike of Rs. 100 back in April, followed by the revision to old price in July) will now revert to Rs. 899, once again.
Do note that these changes will be implemented starting from tomorrow (12:00 AM, 11 Nov 2018), hence, if you are willing to get any of the products described above, make sure to order them by midnight today so that you don’t need to pay extra later.
To recall, Xiaomi previously hiked the prices of Redmi Note 5 Pro and MI TV 4 55-inch by Rs. 1,000 and Rs. 5,000 respectively, justified by the increase in import taxes of PCBAs. Moreover, Xiaomi’s competitor Realme too has recently hiked the prices of Realme C1 and Realme 2 by up to Rs 1,000 on Flipkart.