On July 27, 2026, Xiaomi announced price increases across five of its smartphone models in India, with the Redmi 15 5G experiencing the most significant hike of Rs 8,500 following its debut. This shift reflects the rising costs of components, especially impacting budget phones, as market trends indicate a substantial year-on-year decline in entry-level segments, prompting consumers to gravitate towards higher-priced devices.

Xiaomi has increased prices for its Redmi and Xiaomi phones in India by up to Rs 5,000 due to the ongoing global memory chip crisis affecting smartphone production.

On July 27, 2026, Xiaomi announced price increases across five of its smartphone models in India, with the Redmi 15 5G experiencing the most significant hike of Rs 8,500 following…