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Xiaomi India

Xiaomi to bring 'Mi Home' in Delhi-NCR to boost offline sales

Aiming to ramp up its offline presence in the country, Chinese smartphone maker Xiaomi is all set to open its 'Mi Home' signature retail store in the Delhi-NCR region, a top company executive has said. Xiaomi opened two 'Mi Homes'...

Xiaomi aims to create 20,000 jobs in India

Chinese technology major Xiaomi's founder Lei Jun on Monday said India was one of the important markets for the company and it aims to create 20,000 jobs in the next three years. In his address at the Economic Times Global...

Xiaomi unveils second manufacturing unit in India

Reaffirming its commitment to 'Make in India' after logging $1 billion in revenue in the country last year, Chinese smartphone-maker Xiaomi on Monday announced its second manufacturing unit in partnership with Taiwanese electronics major Foxconn in Andhra Pradesh. With the...

Xiaomi India to spruce up retail network for rural gains

A look at Chinese smartphone player Xiaomi's current portfolio in India reveals that about 90 per cent of its sales are from online channels, while less than 10 per cent is offline. This is set for a change this year...

Xiaomi to ramp up offline distribution; eyes 25 pc revenue from segment

Chinese handset maker Xiaomi said that it plans to ramp up its offline distribution channel in the country and is targeting around 25 per cent of its turnover from this segment. "Till now, our focus was on online sales. Now,...

StoreKing to help Xiaomi India expand to hinterland

Rural retail commerce provider StoreKing on Tuesday announced its partnership with smartphone manufacturer Xiaomi India to help increase their offline presence in the country's rural areas. "With Mi India on-board, we aim to serve rural consumers better regardless of their...

Xiaomi to ramp up production at Sri City plant

Buoyed by encouraging response to its handsets, Chinese smartphone maker Xiaomi -- which has a contract manufacturing facility with Taiwan-based Foxconn near here -- said it would ramp up production by adding more assembly lines. According to a PTI report:...
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Jamshyd N Godrej, Smita Crishna, others buy stake in Godrej Consumer for Rs 1,645 cr

The shares were picked up at an average price of Rs 1,443.90 apiece, taking the transaction value to Rs...
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