Xiaomi unveiled its first smartphone made in India, Redmi 2 Prime, with the reveal of its next operating platform update – MIUI 7 – also set to take place in the country later this month.

While the device shares many specs with the standard Redmi 2, it has seen some bumps in terms of memory (2GB of RAM rather than 1GB) and storage (16GB rather than 8GB).

The devices have 8MP rear and 2MP front cameras, 4.7-inch HD (720p) screen, dual-SIM 4G support, and are powered by Qualcomm Snapdragon 410 processors.

Pricing for Redmi 2 Prime is INR6,999 ($110), compared with INR5,999 for the standard Redmi 2.

According to reports, it is being assembled in a Foxconn plant – and the contract manufacturer is investing heavily in India.

MIUI 7, meanwhile, is set to be unveiled at an event in New Delhi on 19 August. An earlier unveiling is scheduled for a China-specific version (13 August), with the Indian event introducing the global version.