Smartphone manufacturers like Realme and Xiaomi operate at thin margins. The companies offer smartphones at aggressive pricing, relatively lower compared to their competition.
The recent fall of rupee has been a huge concern among several manufacturers.
While rupee continues to fall, it now forced budget smartphone companies like Xiaomi and Realme to hike the prices of its smartphones. As Indian Rupee is at one of the worst against American Dollar, more companies will be forced to increase the prices of their products in the country.
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List Of Xiaomi & Realme Hiked Smartphones: New Xiaomi Prices
Here’s a complete list of all the smartphones from Xiaomi and Realme which has been hiked recently.
Redmi 6A (16GB)
The 2GB RAM/16GB variant of Redmi 6A has been increased by Rs 600 rupees. So, the model will now be available at Rs 6,599, up from its original price of Rs 5,999.
Old Price: Rs 5,999
New Price: Rs 6,599
Redmi 6A (32GB)
The higher 3GB RAM/ 32GB variant of Redmi 6A has been increased by a price of Rs 500. So the smartphone will now be available at in increased price of Rs 7,499, up from its original price of Rs 6,999.
Old Price: Rs 6,999
New Price: Rs 7,499
Realme C1
The newly launched Realme C1 has been increased by a 1,000 rupees in the country. The budget smartphone was already a massive hit, and will be available at Rs 7,999 from now.
Old Price: Rs 6,999
New Price: Rs 7,999
Realme 2 (32GB)
The notched smartphone was launched at a starting price of Rs 8,999. The base model with 3GB is now available at Rs 9,499 after a price hike of Rs 500, up from its original price of Rs 8,990. The 4GB/64GB model price remains unchanged.
Old Price: Rs 8,999
New Price: Rs 9,499
Redmi 6 (32GB)
The 3GB RAM/32GB base model of the Redmi 6 will be available at a Rs 500 higher price at Rs 8,499. Launched in two variants, the higher 64GB model price remain unchanged. The 32GB model of Redmi 6 was launched in India at a price of Rs 7,999.
Old Price: Rs 7,999
New Price: Rs 8,499
Mi TV 4C Pro 32-inch
Xiaomi also hiked the price of its Mi TV 4C Pro available for a size of 32-inch, launched recently. The TV will now be available at a Rs 1,000 higher price at 15,999, initially launched in the country at Rs 14,999.
Old Price: Rs 14,999
New Price: Rs 15,499
Mi TV 4A Pro 49-inch
Xiaomi increased the price of Mi TV 4A Pro 49-inch as well. The 49-inch Mi TV will now cost Rs 2,000 more, to be available at an increased price of Rs 31,999. The Mi TV 4A Pro 49-inch was initially launched in the country at Rs 29,999. The 55-inch Mi TV price remains unchanged.
Old Price: Rs 29,999
New Price: Rs 31,499
10,000mAh Power Bank 2i
Not only smartphone or TV, but the price of the bestselling 10,000mAh Xiaomi Power Bank 2i has also been hiked as well. The Mi Power Bank has been increased by Rs 100, and will now be available at Rs 899.
Old Price: Rs 799
New Price: Rs 899
Why The Prices Are Expected To Go High?
The falling Indian Rupee against American Dollar has been the major reason. Most of the budget smartphones, imported in full or parts are expected cost higher soon. After Xiaomi and Realme, other budget foreign smartphone brands like Asus and Honor expected to hike their prices as well.
Companies who operate at thin profit margins, are forced to increase the prices in order to be operational.
The government has been trying its level best to boost up smartphone manufacturing in the country. While most of the companies say their phones are Made In India, they actually bring in the parts from China and assemble them in India.
The pricing issue can only be solved only when these smartphone companies start to manufacture everything from scratch in India, including even the small parts.