The Redmi 2 Prime sports a 4.7-inch 720p HD IPS fully laminated display powered by 64-bit 1.2 GHz Qualcomm Snapdragon 410 CPU coupled with 2GB of RAM. The smartphone offers 16GB of internal storage which can be expandable up to 32GB.

The device runs on a Android 4.4.4 KitKat and packs an 8MP rear camera and 2MP front shooter. The device gets it juice form a 2,200 mAh battery.

The Indian market, which Xiaomi entered in July last year, has fast become its largest market after China as the company's low-priced, feature-rich phones find favour with young and cost-conscious customers.
               
As Xiaomi battles slowing sales in China, emerging markets such as India and Brazil, where it began manufacturing in late June, have becoming increasingly important for the company.
               
Last month, it reported its first ever drop in half-year sales, throwing its full-year sales goal of 80 million smartphones into doubt.

Giving a leg up to the Make in India programme, Xiaomi today said it has partnered with Taiwan's Foxconn to set up a mobile phone manufacturing unit here as the Chinese technology major looks at grabbing a larger share of the booming Indian handset market.

"This is our second local manufacturing unit outside of China, the first one being in Brazil with Foxconn... We started our discussions with the government in February and we have already started with the manufacturing," Xiaomi Vice President Hugo Barra told reporters here.
    
Last week, Foxconn had announced plans to invest USD 5 billion over the next five years in Maharashtra, which had given the company 1,500 acres of land for its plant.