Chinese electronics manufacturer Xiaomi on April 30 issued a statement confirming that it was increasing the prices of the Redmi Note 5 Pro smartphone and Mi LED TV 4 (55-inch). XiaomiGlobal Vice-President Manu Kumar Jain confirmed that the price revision was on account of the recent changes to the import duty on printed circuit board assembly (PCBA) and a depreciation in the value of the Indian rupee.
The Redmi Note 5 Pro was launched in India in two RAM/storage variants – 4GB/64GB and 6GB/64GB – priced at Rs 13,999 and Rs 16,999, respectively. The price revision is