After Realme revealed their plans to impose hikes on its smartphones, Xiaomi has now announced that it will be re-evaluating its prices due to the rise in the gap between Rupee and Dollar. The affected products that will no longer be available at their launch prices include the Redmi 6, Redmi 6A, Mi TV 4A Pro, Mi TV 4C Pro and Mi Power Bank 2i 10000mAh.
The news came as a tweet from Xiaomi India MD Manu Jain who discussed the adjustment of prices of some of its products. Jain revealed that the price hike is a result of Rupee having depreciated down by nearly 15 percent against the Dollar.
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
— Manu Kumar Jain (@manukumarjain) November 10, 2018
Xiaomi said “As you are aware, the rupee has depreciated against the dollar by nearly 15 per cent since the beginning of the year, which has resulted in a significant rise in the input cost for us. To offset this, a few of our products will witness marginal price adjustment and will now move from their introductory price phase announced during their launch in September”.
As a result of the price hike, the following Xiaomi products will now be available for adjusted prices, higher than their introductory prices. The new price scheme is underway and has been made effective from November 11 onwards. This is the second price hike made by Xiaomi, after the Chinese manufacturer imposed an increase in prices for the Mi TV 4 and Redmi Note 5 Pro earlier this year.
Redmi 6 (3GB/32GB) @ Rs 8,499 – The base model of the Redmi 6 will now be available with a price hike of Rs 500, up from its launch price of Rs 7,999.
Redmi 6A (2GB/16GB) @ Rs 6,599 – The base variant of the Redmi 6A has been increased to up to Rs 6,599, a Rs 600 inflation from its older price of Rs 5,999.
Redmi 6A (2GB/32GB) @ Rs 7,499 – The higher variant of the Redmi 6A has been hiked up by Rs 500 from its introductory price of Rs 6,999.
Mi TV 4A Pro (49-inch) @ Rs 31,999 – The newer mid-range variant among Xiaomi’s Mi TVs is now up by Rs 2,000 from its launch price of Rs 29,999.
Mi TV 4C Pro (32-inch) @ Rs 15,999 – The cheapest of the Pro series from the Mi TV lineup was previously available for Rs 14,999 and thus has been increased by Rs 1,000.
Mi Power Bank 2i (10,000mAh) @ Rs 899 – The Mi Power Bank 2i which was launched in India at Rs 799, now gets a Rs 100 price hike.