Xiaomi Plans to Launch 100 Exclusive Stores, Six Phones in India This Year
Xiaomi overtook Samsung to become the biggest smartphone brand in Bharat during the final quarter of last year, only the company isn't exactly resting on its laurels. While the Redmi Note 4 was a massive success for Xiaomi concluding year, the company has followed it up with its successors, the Redmi Annotation v and Redmi Note 5 Pro, both of which have received a warm response from both the customers and the media at large.
Emboldened by its continued growth, the company is said to be planning to launch as many every bit half-dozen smartphone models in the country this yr, including the upcoming Redmi v, which is expected to go on sale on Amazon subsequently this week. That'south according to Xiaomi's global vice-president and India head, Manu Kumar Jain, who revealed the company'southward plans for the country in an interview to Mint.
Jain revealed the visitor expects to open 100 exclusive stores and likewise try its hands at newer product categories, something it has already started with the launch of at least three smart Television set models in the country over the past few weeks, including the ultra-successful Mi Television receiver 4. He also said that the company will look to invest in a number of Indian startups over the next few years, although, he didn't divulge the verbal numbers.
Jain was simply reiterating what the company's founder, Lei Jun, had originally said terminal November, when he revealed plans to invest up to $1 billion in the state's startup ecosystem over the next five years. So far, Xiaomi and its sister company, Shunwei Capital letter, is believed to have invested in 10 tech start-ups in the country, including the likes of ShareChat and KrazyBee.
Jain also hinted that the Xiaomi will increase its production catalog in Bharat going frontward, although, he didn't specify exactly which products will arrive to the land in the firsthand future. The company sells a bewildering array of devices in its homeland, including smart pens, home appliances, smart umbrellas, smart bedside lamps and others, none of which has made it to the Indian market thus far.
Source: https://beebom.com/xiaomi-100-exclusive-stores-six-phones-india/
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