Xiaomi set to hike prices? Should you buy now?
After the launch event, Xiaomi India Head (Category and online sales) Raghu Reddy told PTI, “The prices (of phones launched) do take into account the impact…the rupee is at about 71, it takes into account that. This is an introductory price with Diwali coming up. Post that (Diwali), we will evaluate.”
Rupee's fall is likely to hit buyers of Xiaomi smartphones, as the Chinese firm has stated it would decide on price hikes for its phones after evaluating the impact of Indian currency's slide against US dollar. Image source: company website