Xiaomi has permanently dropped the price of the 64GB Xiaomi Mi 4 in India. The phone was previously priced at Rs. 23,999 ($375) but is now down to Rs. 19,999 ($312). Meanwhile, the 16GB model is priced at Rs. 17,999 ($281).
The price drop can be seen as a preemptive attack against the OnePlus One, which recently received a price drop outside India that would undoubtedly make its way to the Indian market soon.
The Mi 4 has a 5.0-inch, 1920×1080 resolution display, Qualcomm Snapdragon 801 processor, 3GB RAM, 16/64GB storage, 13 megapixel rear camera, 8 megapixel front camera, and 3.080mAh battery. Unfortunately, the Indian model does not support LTE, does not have Lollipop yet, and is only available in white.