To commemorate 10 million global sales of the Mi 4, Xiaomi has slashed the price of the 16GB model to ₹14,999 ($233).
Xiaomi has reduced the price of the 64GB variant of the Mi 4 over the course of the last month, bringing the device from its launch price of ₹21,999 ($342) down to ₹19,999 ($311). With the 16GB version now selling at ₹14,999 (down from ₹19,999), both models are competitively priced.
Source: iMore