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Xiaomi on Monday launched two new devices in India with the price of Redmi 11 Prime 5G starting at Rs 13,999. Also, for those going from feature phones to smartphones, the Redmi A1 phone was also launched which is priced at Rs 6499. Muralikrishnan said that all the phones above 20 thousand rupees are now going on 5G, people want to get future proof phones, we also provide 5G devices with all kinds of features for people in the range of 10 to 15 thousand rupees. have brought. So whether the market for 4G phones will be closed now, he said that it will depend on the price point. Looking at the user usage, for now we feel that there will be a market for both types of devices in the price range of 10-15 thousand. The experience of China, Europe and America also shows that 4G is also surviving simultaneously. People will have to give both the options, but from this Diwali the reach of 5G will increase rapidly in the range of 10-20 thousand. It is too early to say when 5G will come in the less than 10 thousand rupees segment, what will be the demand, what will be the data plan rates when 5G comes and how people transfer, but we will keep an eye, and accordingly we will make devices. will bring to market.
He said that after we introduced Redmi Note 4G in November 2014, 4G has expanded very rapidly in the country. According to him, Xiaomi laid the groundwork for the digital revolution by bringing more than 200 million 4G devices to the market in these eight years, we will repeat the same success in 5G. Regarding the newly launched Redmi 1A, he said that it is an India first device for those who want to move from feature phones to smartphones.
On both the previous government raids on Xiaomi and the ban on Chinese brands in phones less than 12 thousand, Murali said that we have been operating in India for 8 years, are a responsible company and Hong Kong shares Also listed in the market. The government itself has denied the ban. On the remaining issues, we will clear the misunderstandings by fully cooperating. We have a commitment to the Indian market, 50-60 thousand people are directly or indirectly associated with us. 99 percent of our phones are made in India, all TVs are made here, rest parts are also locally sourced.