Xiaomi on Friday announced that it had sold 100 million smartphones within 5 years of operations in India . It had officially entered the Indian markets in 2013 . It has been the Number One Smartphone Brand for 8 straight quarters for the last 2 years . This success has been attributed to its loyal fans and hardcore users . Xiaomi receives enormous love from its fans for providing the best specifications at quality prices .
Xiaomi commenced its offline operations in 2017 by setting up its first Mi Home . It has over 5000 offline stores now and it plans to reach 10000 stores within the end of next year . Xiaomi acquired 50 percent market share in the online smartphone market recently .
Xiaomi has been the fastest to achieve the 100 million feat . Xiaomi has seen tremendous success by exploiting the Rs 10,000 price segment and being the number one player in that regard .
100 Million smartphones in 5 years! 💯
Fastest brand to reach 100M mark! 🥳 Thank you all for your love & support 🙏
Watch our amazing @XiaomiIndia team video here: https://t.co/eVrLj0JueZ
RT with #100MillionXiaomi & #XiaomiIndia hashtags (tag me!) & win 100 #Xiaomi goodies.😀 https://t.co/oYubBj3x48 pic.twitter.com/jLOKb3GAHt
— Manu Kumar Jain (@manukumarjain) September 6, 2019
India has been one of those countries where smartphone players have still a lot of potential to grow . India has about 450 million smartphone users . Whilst other markets are growing at 1 or 2 percent , India has seen over 10 percent year on year growth in the smartphone segment .