As the US dollar is increasing, the costing for the smartphones in India is also increasing. Last week we saw the Indian pricing of the Realme Smartphones increasing massively. After that, we’ve got to see the similar thing happening with Xiaomi 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. Accordingly, the price of the Indian rupee is falling, and the company has to adjust the pricing to the production costs.
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
After the increase in the price, the Redmi 6 with the base model of 3/32GB configuration will now cost INR8,499. On the flip side, the Redmi 6A now costs RS 6,599 for the 2/16 GB configuration now sets you back at INR7,499. for the 2/32 GB option. Well, that is RS 500 more than the regular price of both the variants in India.
Interestingly, both of these products cover the Made for Indians scheme, but the company says that most of the components are imported. As these components are now costly, the price tags on these smartphones are getting higher.
Note that now the Mi LED TV 4C Pro 32” now costs INR15,999 (an increase of INR1,000), the Mi LED TV 4A Pro 49” now costs INR31,999 (an increase of INR2,000) and the 10,000 mAh Mi Power Bank 2i Black is now INR899 instead of INR799.