Xiaomi sent the the invite for Mi 5, its flagship product. Hugo Barra announced that Mi 5 is coming to India in Redmi Note 3 event which happened recently. The Mi 5 was earlier showcased in MWC 2016, It comes with 5.15-inch Full HD display with Quad core Qualcomm Snapdragon 820 processor. It has 3GB RAM, running on Android 6.0 Marshmallow with MIUI 7 on top.
Xiaomi Mi 5 specifications are
Processor: Quad-Core Snapdragon 820 64-bit
GPU: Adreno 530
Display: 5.15-inch Full HD with curved glass, 95% of the NTSC color gamut, 600 nits brightness, 1920×1080 pixels