POCO India has announced an increase in the price of its all-new handset, POCO X2. The young sub-brand of Xiaomi is one of the first to announce the change in price, after the government passed guidelines to increase GST from 12% to 18% earlier in March 2020. Let’s talk about the price changes below.
POCO India – Pricing in India
The handset maker launched its premium mid-range phone earlier in February this year at Rs 15,999 in three variants. The POCO X2 price in India now increased to Rs 16,999. The other variants are have also seen an increase in price up to Rs 1,000. The 6GB + 128GB model will now cost Rs 17,999, and the 8GB + 256GB model will go for sale at Rs 20,999.
This pricing will be effective from today, I.e. April 1st. The brand has also shared in a letter to its fans stating apart from GST tax increment, the poor performance of Rupee against Dollar has also been the factor for price adjustment of its handset. On the other hand, the COVID-19 outbreak puts pressure on the supply chain as well.
Important notice – The increase in GST on mobile phones from 12% to 18% and factors such as a falling rupee against the US dollar and supply chain issues have impacted business significantly.
As a result, we have no choice but to adjust our pricing to sustain business. pic.twitter.com/7ZH6X9fIvl
— POCO India (@IndiaPOCO) April 1, 2020
After turning as an independent brand this year in January, POCO India is now looking to launch more than just smartphones. Recently, C Manmohan, General Manager of the brand shared his interest in launching a TWS (Truly Wireless Stereo) earbuds. The company did a poll on its social handle and they come to an understanding that fans would love to see TWS earbuds from POCO.
We may see that happening as soon as possible, but it in the meantime, while this lockdown is going on, we may no see POCO announce any new smartphone. There has been a high demand for the successor to the POCO F1, which was launched last year. The air behind POCO F2 being a rebranded Redmi K30 Pro has been cleared by the company officials earlier this week.