Last week Realme stopped offering its devices on their initial promo prices, announced at Flipkart and Amazon India. This weekend Xiaomi followed through with the Redmi 6 and Redmi 6A, along with two of its Mi LED TVs and a 10,000 mAh power bank.
Manu Kumar Jain, director of Xiaomi India, took it to Twitter to announce the reason, and it is the same as the one given by Madhav Sheth, CEO of Realme – the price of the Indian rupee is falling, and the company has to adjust the pricing to the production costs.
Here are the new prices of the Redmi 6, Redmi 6A, Mi TV and other Xiaomi products:
- Redmi 6A 2GB RAM/16GB storage model price has been increased by Rs 600. The model is now available for Rs 6,599.
- Redmi 6A 3GB RAM/ 32GB storage model price has been hiked by Rs 500 which increases the price of the phone to Rs 7,499.
- Redmi 6 3GB RAM/32GB storage model gets a price hike of Rs 500, after which the cost of the phone has increased to Rs 8,499.
- Mi TV 4C Pro 32-inch price has been hiked by Rs 1,000. The new price of the Mi TV after the price hike is Rs 15,999.
- Mi TV 4A Pro 49-inch has been hiked by Rs 2,000 which increases the price of the TV to Rs 31,999.
- 10000mAh Powe Bank 2i is now selling for Rs 899 after Rs 100 price hike by Xiaomi India.
Xiaomi India notes, “As you are aware, 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.”