BusinessPhoto: Hindu TechAi+ Smartphone to Raise Prices by Up to ₹3,000 from November 11
Ai+ Smartphone announced a price increase of up to ₹3,000 on its smartphone range effective November 11, citing higher memory and component costs. The company sold over one million devices in Q3 2026, exceeding expectations. This follows a broader trend of price hikes post-Diwali due to memory shortages, inventory issues, and rupee depreciation. Lava also plans similar price increases. Indian smartphone shipments fell 20% in Q3 due to rising prices and lower demand.
Hindu Tech·




