Chinese smartphone maker Xiaomi just launched its Redmi 2 smartphone in India. The device has been priced at Rs. 6,999, taking Motorola&#39;s Moto E and Lenovo&#39;s A6000 head on. It offers competitive specifications and will sell on Flipkart through the company&#39;s traditional flash sale model. In addition, Xiaomi also announced that a limited edition model of the Redmi 2 will be made available later, which will sport 2GB of RAM and a higher price tag.