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The Redmi Note 8 sees a price hike for the fifth time in India this year

The Redmi Note 8. (Source: Xiaomi)
The Redmi Note 8. (Source: Xiaomi)
The Redmi Note 8 was released in India with a starting price of Rs 9,999 (US$130). Xiaomi has slowly but steadily increased the MSRP of the phone over the past few months with the latest—the fifth of such—putting the phone's price tag at Rs 12,499 (US$165).
Ricci Rox,
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A few days ago, we reported that the Redmi 8 had once again seen a price hike in India—the fourth of such. Well, the Redmi 8 isn't the only phone getting that treatment, as it appears the Redmi Note 8 has also seen a similar steady increase in MSRP in India.

Going by a report by 91Mobiles, the Redmi Note 8 has now seen yet another hike in its MSRP in India. This is reportedly the fifth time Xiaomi has increased the price tag of the phone in India. This time out, the phone's price tag has been raised by Rs 500 (US$7), taking its current base price tag to Rs 12,499. The phone launched with an MSRP of Rs 9,999 last year.

This particular hike isn't particularly significant, truth be told, but some context is needed. For one, the Redmi Note 8 exists in an extremely competitive segment of the market where every dollar counts. This also happens to be the fifth increase, with all increases summing up to a total of Rs 2,500 (US$35). That is significant; a whopping 25% increase over launch MSRP. 

It appears Xiaomi is milking the Redmi Note 8's popularity in the market, and has adopted the strategy of slowly increasing prices in bits. Perhaps there are economic reasons for that, but it's no less hard on new buyers of the phone.

The Redmi Note 8 now costs Rs 12,499 at Croma.
The Redmi Note 8 now costs Rs 12,499 at Croma.

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Ricci Rox
Ricci Rox - Senior Tech Writer - 2018 articles published on Notebookcheck since 2017
I like tech, simple as. Half the time, you can catch me writing snarky sales copy. The rest of the time, I'm either keeping readers abreast with the latest happenings in the mobile tech world or watching football. I worked as both a journo and freelance content writer for a couple of years before joining the Notebookcheck team in 2017. Feel free to shoot me some questions on Twitter or Reddit if it so tickles thine fancy.
contact me via: @riccirox, LinkedIn
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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2020 07 > The Redmi Note 8 sees a price hike for the fifth time in India this year
Ricci Rox, 2020-07-12 (Update: 2020-07-13)