The depreciation of Rupee against the US Dollar is forcing companies to hike the prices of their products. Just before Diwali, Realme announced a price increase in their smartphones and now Xiaomi has made a similar move. The company claims the decline in Rupee’s value has significantly impacted their input costs hence, resulting in a price hike. Manu Kumar Jain, MD at Xiaomi India has posted a list of affected devices on his twitter account.
Devices AffectedThe budget smartphone, Redmi 6A will get a price hike of Rs 600 for the 2GB RAM +16GB ROM variant and Rs 600 for the 3GB RAM+16 GB ROM variant. Effective price after the revision will be Rs 6,599 and Rs [...]