Xiaomi Mi 5 has a very competitive price point and an aggressive market plan

Xiaomi Mi 5 is the new flagship from the Chinese start-up, which will launch in India today. Follow our live blog for details. (Source: Nandagopal Rajan)
Xiaomi today announced its flagship device the Mi 5 for India at a price of Rs 24,999, nearly a month after the phone was first unveiled in China and at the MWC in Barcelona. India is the first country after China to get the new Xiaomi flagship.
Mi 5 is Xiaomi’s most expensive smartphone to launch in India ever — Mi 4, which was the