Xiaomi's official Twitter handle has put out a teaser, which hints that the Mi TV Stick will be released in India on August 5. It comes with a dedicated remote and will likely come with the Mi TV's Patchwall software. It is expected to cost between INR 2,000 (US$27) and INR 2,500 (US$34).
https://www.notebookcheck.net/Mi-TV-Stick-likely-to-be-launched-in-India-on-August-5.483459.0.html