India announces tariff increase: Millet mobile/TV prices rise

India recently announced that it will raise its tariffs by another 10% from the original basis. Xiaomi also announced that it will increase the prices of some mobile phones and TVs sold in India. Xiaomi said that the two products that first increase prices are Redmi Note 5 respectively. Pro and 55-inch millet TV 4.

Xiaomi said that due to India’s increase in tariffs, he decided to increase prices for Redmi Note 5 Pro and Xiaomi TV4. From May 1st onwards, Redmi Note 5 Pro (that is, the National Bank’s version of Red Rice) was sold in the Indian market. Note 5) The price will increase by 1000 rupees (about 95 yuan), and the millet TV 55-inch version is up by 5,000 rupees (about 477 yuan). Of course, Xiaomi said that orders placed before May 1 will be shipped on time without additional money.

Xiaomi said that these products are "Made in India", but most of the components such as PCBs still have to be imported from China. The Indian government also said that in the future it will also increase tariffs on mobile phone components, which means that the electronics sold in the Indian market Products continue to increase prices.

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