
Homegrown smartphone brand Ai+ Smartphone announced a price increase of up to ₹3,000 across its device portfolio, effective November 11.
The company advanced its planned price revision due to stronger-than-anticipated consumer demand exceeding initial projections and existing inventory being exhausted ahead of schedule.
Mobile phone retailers expect overall smartphone prices to rise by up to another 10% post-Diwali driven by a memory crisis, lesser inventories, and rupee depreciation.