Xiaomi Corp. has released its first assembled-in-India smartphone, the Redmi 2 Prime, on Monday, at a ceremony in the southern state of Andhra Pradesh where contract manufacturer Foxconn Technology Co. Ltd. is churning out the handsets.

At 6,999 rupees ($110) the Redmi 2 Prime costs 1,000 rupees more than Xiaomi’s cheapest phone in India, the Redmi 2, but offers twice the amount of RAM, at 2GB, and twice the capacity of internal storage as well, at 16GB.

“We're super excited to announce the new Redmi 2 Prime — our first which is made in India,” Xiaomi said, on its official Facebook page for India.

The phone is on sale at Xiaomi’s own Mi store as well as on online shopping sites, including Flipkart and Amazon.com Inc.’s Indian site. Apart from the increased storage, the rest of the phone offers the same specifications as on the Redmi 2, which includes dual-SIM support for 4G networks in India, a 2200mAh battery, 8MP rear camera and 2MP front camera.