Micromax, which was until selling (or not because of the lack of stock) A116 Canvad HD for INR 13,990, has now taken the price up to INR 14,499. Company revealed regarding the same on Facebook, here is the company statement:
The proposed Finance Bill announced by the honorable Finance Minister of India on 28th Feb 2013 has made certain changes in the customs duty structure on all Mobile Phones with MRP greater than Rs. 2000/-. Because of this and other procedural issues, the shipment of your Canvas HD has been delayed by 10 working days. Along with the delay, the price of Canvas HD has also been revised to Rs. 14,499.
Company also apologized about the delay in shipments for many consumers, who placed the A116 orders on Snapdeal.com.
To remind you, Micromax A116 features 5-inch 720p display, quad-core MediaTek processor, 1GB RAM, 8MP rear camera and Android 4.1 Jelly Bean.
On the other hand, LG has increased the price of recently announced Optimus G smartphone. The phone was selling at just INR 30,999 after the launch, but now the price has gone up to INR 32,990 (it is still less than the INR 34,500 MRP from the company).
LG Optimus G comes with 4.7-inch HD display, quad-core Snapdragon S4 Pro processor, 2GB RAM, Jelly Bean, 13MP rear camera and front camera.