Xiaomi India boasts of 72% spike in smartphone sales in 2 years

Xiaomi India boasts of 72% spike in smartphone sales in 2 years
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Xiaomi India Head, Manu Jain told PTI that the company has seen this growth from the time it entered the Indian market in July 2014

Xiaomi has announced that its smartphone sales in India have grown by 72% in the past two years. Xiaomi India Head, Manu Jain told PTI, “We entered India in July 2014 and disrupted the smartphone industry with high-quality devices. We have since then seen an incredible growth rate of 72 per cent year-on-year (July 2014 to July 2016) in terms of smartphone sales.” However, Jain did not comment on the total number of devices the company has sold in in India. Besides smartphones, the company also sells other products such as tablets, power banks and Bluetooth speakers. Citing data by research firm, IDC, Jain said that Xiaomi’s Redmi Note 3 smartphone was the single highest-shipped smartphone ever in the history of India’s online market, in any given quarter.

While a majority of Xiaomi’s sales come from an online platform, the company may be planning to change that. Earlier this month, Jain has told PTI that the company is planning to double it's offline presence in a few months. He added that while they had a partnership with Redington last year, they have now tried up with Innocomm and Just Buy Live. 

Shrey Pacheco

Shrey Pacheco

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