Super moderator

Dream. Explore. Shine. Roar.

Rank: 8Rank: 8

Credits
282231
Device
Mi 8
Online time
5219 Hours
Send PM

Unlock MedalMi Power Bank 10000MAH Mi Band 2Mi Water PurifierMagic CubeMi Power StripMi Air PurifierMijia Qi CycleMi VR HeadsetMi Plastic In-ear PhonesMijia VR Play 2Mijia Story TellerMi HomeMi Bluetooth Canon SpeakerNinebot MiniMi  BunnyMi HeadphonesMi TV 70Mijia Electric ScooterMijia Walkie TalkieMi Power BankMi BoxMijia Smart ShoesMi WiFiMi T-ShirtMi WiFi RouterMi Bluetooth HeadsetNinety Degree LuggageMi Kids WatchMi BandYi Action CameraMi Yi CameraXiaomi 6 LaunchMi MIXMi Selfie StickMi VRMijia Mi Bunny RobotMi Notebook AirMijia 360° Panoramic CameraXiaomi 7th AnniversaryAnTuTuFlashholicMarshmallowI Love MIUIMIUI 2016Awesome!MIUI Devices ContestFantastic!MIUI 8Redmi Note 4Redmi ProRedmi 3SRedmi Note 34 Million Forum MembersMi 5Mi Max Xiaomi Mi 6MIUI 2017Rooster Year of 2017Happy New YearFan Of MIUI RussiaMerry ChristmasMIUI Monthly TalkThanksgiving DayMIUI 300 WeeksMIUI Lucky FridayHappy Singles' DayXiaomi 6th AnniversaryFan Of MIUI BangladeshMIUI Fan from MalaysiaMIUI Forum App3 Million Forum App InstallsMIUI Fan from TurkeyI Love 2016MIUI World Tour1500K Forum MembersMIUI Marathon MedalFan Of MIUI PolandMIUI Fan From SingaporeFan Of MIUI ItalyMIUI Weekly PollHappy Valentine's Day1900K Forum MembersFan Of MIUI Spain1800K Forum MembersPokemon Master MedalFan Of MIUI IndiaDiwali Happy DiwaliMIUI Fan From Indonesia2100K Forum MembersMi Live Medal1 Million Forum App InstallsFan Of MIUI Ukraine3500K Forum MembersMIUI SFan Of MIUI Australia90000 Forum Members300K Forum MembersRingolicious MedalFan Of MIUI GreeceHappy Holi MedalSuper SaturdayMIUI Font LoverSuper SundayHilal Ramadan Xiaomi 5th AnniversaryMIUI 7th AnniversaryMIUI 100 Million UsersMIUI 5th AnniversaryCamera Filter Guru MedalMIUI Fan From Philippines500K Forum Members1st AnniversaryFan Of MIUI Bulgaria100k Forum MembersMIUI Philippines Fan MeetupMIUI PMIUI 95 Million Forum App InstallsAtaturk MourningMIUI Fan From NepalPuzzle MasterRocket to FutureSuper WednesdaySurge S1Singapore Merlion MedalMIUI Fan from IndiaSuper MondaySuper TuesdaySuper FridayFan Of MIUI FranceWomen's Day Medal10 Million Forum PostsMIUI Happy Medal3 Million Forum MembersSuper ThursdayMIUI 20 Million UsersSummer Mi BunnyMiPopGamer Mi BunnyI Love Mi BunnyAlpaca Mi Bunny MIUI ReviewMIUI Halloween 2017MIUI G+ FollowerRingtone ExpertMi Lover Medal2017 Annual AwardsMIUI 8th AnniversaryMr. DependableRingtone Star MIUI Tech SurveyDie-hard MIUI FanOreo8 Million Forum MembersXiaomi 8th AnniversaryMi DropBlack SharkMIUI 10MIUI SuperstarHeart to Heart13 Million Forum MembersMIUI Weekly Devices Quiz9 Million Forum MembersStar WarsQuick SurveyTheme TalentPioneer of MIUI English Forum MIUI KingHumor MasterYouth PledgeMi Story TellerApp StarMIUI Android 4.4 KitKatApp TalentMIUI Ice Bucket ChallengeAndroid Elf7 Million Forum MembersScroll Of WisdomMIUI Medals CollectorUpdates LoverApp TalentMIUI ExpertOTA FeedbackTechnology GuruAndroid GuruIndia Independence DayMi Talent25 Million StrongDebate MasterIndonesia Independence DayStar Of TechnologyMi Bunny Game Master Master Of TechnologyMIUI Twitter FollowerMost Popular Forum UserInbox ZeroMost Active MIUIerMIUI FollowerForum Contest LoverMIUI FB Follower

[News] [Mi India] Xiaomi Eyes India's Rural Market to Fuel Growth!

[ Promote]
303 2 |
00:15, Dec-05-2018 | From PC
|
|
Go to reply no.
This post was edited by crossfire25 at 22:47, Dec-04-2018

2adee5dd-05a7-452e-b9c4-25b87ea30f2c.jpg

Hello MIUI'ers,

Xiaomi is eyeing India’s rural market to further boost its growth in smartphone and smart TV segments. “We believe offline market is a segment where significant growth is possible. Towards this, we have launched a whole new format, called Mi stores, to cater to India’s rural smartphone market.

“Through Mi stores, we have exclusive Xiaomi outlets targeting rural India, which is tier-3 markets and beyond. Recently, in a single day, we launched 500 stores in rural markets across the country,” Xiaomi India chief operating officer Muralikrishnan B said Tuesday. He was speaking on the sidelines of the launch of some of the company’s products.
“Not just smartphones,” he said, “we believe that televisions is another area where a significant amount of growth is possible. In less than nine months, we have sold over a million smart TVs and today, we are No. 1 player in the smart TV market. So, we believe that offline expansion and category expansion shall continue to fuel our growth and success in India.” Xiaomi launched its recently announced Redmi Note 6 Pro and Mi LED Smart TV PRO series and some other products in Chandigarh.

About Chandigarh market, he said:


“It has been over a year since we have been present in Chandigarh. We are already No. 1 smartphone brand in Chandigarh with a market share of 39.6%. We have 30 Mi preferred partner stores and 10 multi-brand retailers. We have one exclusive Xiaomi flagship store, 10 service centres for smartphone and television customers.”
Xiaomi-Mi-TV-4A-1-696x435.jpg

On trends in the smartphones market in the country, Muralikrishnan said: “People’s aspirations are improving. Technology is improving. And our product philosophy is based on three fundamental principles -- best specification, highest quality and honest pricing.

“You need to address every price point in the market. The Redmi 6a and 6 series has a price point cover of ₹6,000-₹8,000. For Redmi Note series and Y series, you have the ₹10,000-12,000 price cover, and with Poco, it starts from ₹20,000 onwards... that way, we are covering various segments in the market,” he said.

Asked about market share of Xiaomi in smartphone segment in the country, he said: “As per an IDC’s report, for Q3 of 2018, we have 27.3% market share and we are the market leaders for five continuous quarters.”

Asked to share Xiaomi’s plans for the country in near term, he said: “The smartphone market continues to grow and that is something we will continue to invest in. We will continue to introduce innovative products in line with our philosophy.”



source

Favorite Share

Rated by 1 person   Experience Prestige Reason  

Muz_paray + 10 + 5 Fantastic!

Experience +10  Prestige +5  View Rating Log

Supreme Member

Rank: 7Rank: 7Rank: 7

Credits
85565
Device
Mi 9
Online time
1203 Hours
Send PM

Mijia Walkie TalkieMagic CubeMi Notebook AirMi Bluetooth SpeakerNinebot MiniMi Band 2Mijia Story TellerYi Action CameraMijia 360° Panoramic CameraMijia Electric ScooterMi MIXUnlock MedalMi TV 70Mi BoxMi HeadphonesXiaomi 6 LaunchMi T-ShirtMi Bluetooth HeadsetMi WiFi RouterMi ScaleNinety Degree LuggageMijia VR Play 2Mi Power BankMi Kids WatchMi VRMijia Smart PTZ CameraMi HomeMi BandMijia Smart ShoesMi  BunnyXiaomi 7th AnniversaryI Love MIUIFantastic!AnTuTuAwesome!MIUI 8FlashholicMIUI Devices ContestMarshmallowMi Max 4 Million Forum MembersRedmi 2Mi 4iRedmi 4XRedmi Note 4Redmi Note 4XMi 5XMi Pad 3Xiaomi Mi 6Mi 5Mi TVXiaomi Mi 4Mi Pad 2Mi Max 2Redmi ProRedmi Note 3Redmi 3SRedmi 4/Prime/4ARingolicious Medal1st AnniversaryFan Of MIUI AustraliaMIUI Weekly PollXiaomi 6th AnniversaryRooster Year of 2017Mid-Autumn FestivalMIUI World TourSuper Tuesday300K Forum MembersRocket to Future2 Million Forum MembersHappy Singles' DaySuper WednesdayMIUI Marathon MedalMIUI Fan from TurkeySuper SundayMIUI Lucky FridayWomen's Day MedalSuper MondaySuper FridayMIUI Happy MedalSurge S1Super ThursdayFan Of MIUI Russia5 Million Forum App Installs10 Million Forum PostsMIUI Fan From IndonesiaMIUI Font LoverSuper SaturdayMIUI Forum AppHappy Holi MedalMIUI 20173500K Forum MembersMIUI 7th AnniversaryMIUI 20 Million UsersMIUI SFan Of MIUI SpainFan Of MIUI BangladeshMIUI 9500K Forum MembersMIUI 100 Million UsersMIUI Fan From PhilippinesFan Of MIUI IndiaAtaturk MourningFan Of MIUI GreeceMIUI 50 Million UsersMerry ChristmasMIUI PDiwali Happy DiwaliHappy New YearMIUI Philippines Fan MeetupHappy Valentine's DayHilal Ramadan 90000 Forum MembersPuzzle MasterXiaomi 5th Anniversary100k Forum MembersSummer Mi BunnyAlpaca Mi Bunny I Love Mi BunnyMiPopGamer Mi BunnyMIUI ReviewMIUI FB Follower13 Million Forum MembersSurpriseQuick SurveyMIUI Tech SurveyPOCO F15 Million Forum MembersXiaomi 8th AnniversaryRedmi Y1/LiteBlack SharkMi Max 3App StarRedmi Note 5A/PrimeMIUI Twitter FollowerHappy 2019Mi 5XMi A1MIUI 8th AnniversaryMIUI Halloween 2018Redmi 5/PlusMIUI Weekend GiveawayMi DropMIUI 10Dual CameraHumor MasterRedmi 5AMi MIX 2Discuss Here2017 Annual Awards6 Million Forum MembersHeart to Heart10 Million Forum Members7 Million Forum MembersStar Wars9 Million Forum MembersMIUI Quick DiscussionScroll Of WisdomDie-hard MIUI FanAndroid ElfTheme TalentMost Active MIUIerMIUI Medals CollectorMi Bunny Game Master MIUI G+ FollowerMi TalentMi Lover MedalMIUI FollowerOTA FeedbackUpdates LoverMost Popular Forum UserTechnology GuruMIUI KingNougatStar Of TechnologyPioneer of MIUI English Forum Mi Story TellerRingtone Star MIUI Android 4.4 KitKatRedmi Quiz MasterAndroid GuruMaster Of TechnologyMIUI Halloween 2017MIUI Superstar8 Million Forum MembersOreoRedmi Note 5/ProMIUI Weekly Devices QuizRingtone ExpertMr. DependableYouth PledgeDebate MasterIndia Independence Day25 Million StrongMIUI ExpertForum Contest LoverIndonesia Independence Day

20:15, Dec-05-2018 | From APP
|
Thanks for sharing

Senior Member

Rank: 2

Credits
176
Device
0
Online time
0 Hours
Send PM

Discuss HereMIUI Halloween 2018

11:55, Dec-06-2018 | From Mi 6
|
great news

Credits Management

Quick Reply Top Return to the list