Xiaomi India have increased the price of many products from Mobiles,Tv’s and accessories

Xiaomi India in a recent note have increased prices of many of its affordable products. Even though the price increase doesn’t going to affect many still it’s was confusing why Xiaomi have increased pricing suddenly.
Xiaomi India has always worked on bringing you innovative technology with incredible specs of the highest quality and we also strive to ensure that these are available to you at the most honest prices.
As you are aware, rupee has depreciated against the dollar by nearly 15% since the be-ginning of the year, which has resulted in a significant rise in input cost for us. To offset
this, a few of our products will witness marginal price adjustment and will now move on
from their introductory price phase announced during their launch in September

What are the products are going to be costlier?

In mobiles,

* Redmi 6A (2GB+16GB) and (2GB+32GB) variants will have a slight price increase of
INR 600 and INR 500 respectively, and would now be available for INR 6,599 and
INR 7499 respectively.
Redmi 6 (3GB+32GB) will have a slight price increase of INR 500 and would be
available for INR 8,499.

Mi Tv’s that going to be costlier are,

* Mi LED TV 4C Pro 32 and Mi LED TV 4A Pro 49 will witness a price increase of
INR 1,000 and INR 2,000 respectively, and would be available for INR  15,999 and
INR 31,999 respectively.

Under accessories:

10000mAh Mi Power Bank 2i Black will also see a slight price increase of INR 100,
and would be available for INR 899
The new prices are effective at midnight from today, 11 November 2018 onwards.
At Xiaomi, we strive to make the highest quality products available to all at honest pricing
for all. In fact, Xiaomi is not a company that runs after profit margins. Xiaomi has pledged
that our overall hardware net profit margin will never exceed 5% and we have ensured that
with the price adjustments, we provide extremely competitive pricing in the industry