My friend has this device and Ive used a lot of this to review and to suggest that its not worth spending 10k for a device just to read novels. You can better purchase a Tablet at the same cost in which you have other options apart from novel reading.
The plus point of this Kindle is an amazing device for daily readers as the light and font used is awesome but if you go by ROI this device is not worth.
The lowest price of any Kindle is 6000 which youll hate to the bottom as it contains no other functionality.
The battery backup is good.
As for cons, you wont get to d9 anything else on this while if you purchase a normal MI tablet which costs same, you can play Android games, other social networking or surf on the internet.