Friday, September 01, 2017

Xiaomi Has Sold over 25 Million Smartphones in India

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The Xiaomi officially announced that it has sold 25 million smartphones in India since it entered the country in July 2014 with the Mi 3. It sold 22,000 phones per day on an average to reach the milestone in 3 years and 1 month. It said that it is the fastest brand in India to cross 25 million marks.

It crossed one million sales mark in the country in December 2014 with just three smartphones, Mi 3, Redmi 1S and Redmi Note and reached 3 million milestones in September 2015. Since then it had set several records in the country. It recently set a record of selling  1 million or 10 lakh units of Redmi 4 smartphones in India in 30 days of launch.

Globally, Xiaomi has gained the fifth spot in the list of largest smartphone companies in the world, as per a report by Strategy Analytics. The sales of the company are only expected to increase, owing to their aggressive business expansion in various markets, including India. Xiaomi recently started with its own dedicated offline retail stores - 'Mi Homes' and has planned to establish more than 100 of such stores by the end of this year.

Xiaomi is also gradually expanding its own Mi Home Store in India. It opened India’s first Mi Home Store in Bengaluru back in May, which recorded whopping Rs. 5 crore in revenue in 12 hours on opening day, opened two new Mi Home Stores in Bengaluru last month and opened its first store in Delhi-NCR region earlier this month.

It already confirmed that it will open stores in Mumbai, Hyderabad, and Chennai. The Chennai Store is expected to open this week.

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