Xiaomi recently announced several products and also reduced the price of Mi4 by RMB 200. The Xiaomi Mi4 was initially priced at RMB 1999 (Approx 20K) and now it will be available for RMB 1799 (Rs. 18K). No word, if and when the Mi4 in India will get the price drop.
Xiaomi Mi4 for Rs. 18,000 is good buy unfortunately it is still without 4G support. As per Gizmochina Xiaomi will also launch the lighter version of Mi4 with slightly trimmed features. The Mi4 Lite edition will house the same hardware but with 2GB RAM as compared with 3GB on the Mi4.
Rest of the features especially the f/1.8 aperture 13MP camera on the rear and 8MP on the front will be the same. The lighter version of Mi4 is priced at RMB 1699 that comes to approx Rs. 17K in India. The Mi4 is powered by 2.5GHz qualcomm snapdragon 801 MSM8274AC quad core processor running MIUI 6 over a 5 inch screen with FHD resolution.
I am not sure yet, when Xiaomi will bring in the Mi4 Lite in India and reduce the Mi4 price, stay tuned.