Tech Stories India

Indian Govt last month announced an increase in GST on mobiles. It increased from 12% to 18%. Due to this increase in taxes, almost all OEMs are forced to increase the prices of their smartphones in India.  Manu Kumar Jain, Global VP of Xiaomi has posted on Twitter informing their fans about the price hike. In his post, he says " After much deliberation & in keeping with #Xiaomi policy of maintaining <5% margin on our hardware products, we will be increasing prices of our products. ". This increase in price went live on April 1, 2020. Both Amazon and Flipkart have updated the phones they sell with new prices. Apple iPhone 11 , which was selling for Rs. 64,900 in India is now showing a price tag of Rs 68,300. Recently launched Poco X2 , Redmi Note 9, Note 9 Pro , Realme X2 etc all have seen a price hike of around Rs 1000.  Due to nation-wide Lockdown, both Amazon.in and Flipkart have suspended all sale of Mobiles. So you will have to wait a while to buy t