Xiaomi India has announced it’s latest price update on Redmi Note 5 Pro and Mi Tv4 55 inch. The official price of Note 5 pro for 4 GB model was Rs 13999 and now it will be available for Rs 14999. The price of Mi Tv4 55 inch model is increased by Rs 5000 which now costs Rs 44999.
The reason for the price hike is the 10% government tax on imports of PCBA’s and huge demand for the products. Insult to the injury is the drop of the rupee value which down by 5% since the beginning of the year.
The launch of Asus Zenfone Max Pro M1 will affect the sales of Note 5 pro which priced at just Rs 10999.