Recently, Xiaomi India announced that due to the impact of the increase in Indian excise tax and the depreciation of the rupee, Indian mobile phone prices will rise from April 1.
Tarun Pathak, Associate Director, Counterpoint Research aid that this was expected as OEMs don't have much choice than increase the prices. Xiaomi India MD Manu Kumar Jain last night announced this news on Twitter. In such a situation, nearly all mobile manufacturer companies including Samsung and Apple, including Xiaomi, Oppo, Realme have increased the price of smartphones. "This has impacted the overall cost of the smartphone device, therefore many smartphone brands have already increased the price of smartphones in 2019 and 2020", Realme said.
In the meantime, Realme has additionally stated that it was rising the costs of its smartphones.
Apart from Xiaomi, Oppo is rumoured to increase the smartphone prices by 5% to balance the effects of the new GST rate. Check the list below for the change in prices. The Realme 6 and Realme 6 Pro both got a price bump of INR 1,000 and will be sold at INR 13,999 and INR 17,999 respectively. Oppo Reno 3 Pro will be retailing at Rs 31,990 as against its launch price of Rs 29,990. The exorbitant price tag for the top-of-the-line iPhone 11 Pro Max variant (512GB) now crosses the 1.5 lakh threshold with this price hike. So many smartphone brands by 2019 and 2020 already in your smartphone's price increase was granted and so today the smartphone manufacturer company Realme by 2018 for the first time since your smartphone prices increased are. Other OPPO handsets that will see prices go up marginally include the OPPO A1k, OPPO A5s, OPPO K1, the OPPO A9, and OPPO Reno2 series.
While Xiaomi has not revealed the updated pricing for the smartphones, it has said that the new pricing will soon appear for its devices on the company's official website Mi.com.