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[News] Xiaomi Aims 10,000 Retail Stores in India by 2019!

2019-04-25 05:54:01
342 27

Hello Mi Fans,

Making a big push for offline sales in India, Xiaomi is on track to reach the target of having 10,000 retail stores by the end of this year. Xiaomi India generated employment for over 2,000 people with the opening of 1,000 Mi Stores, which are spread across 19 states in the country.

"We have been the No. 1 smartphone brand in India for nine consecutive quarters and our market share in online business in the country is over 50 per cent.

"The scope of growth in online market share is now limited. Therefore, we are focusing on expanding our offline presence in a big way," Xiaomi MD Manu Kumar Jain said.


According to him, Xiaomi's current market share in the offline smartphones business in India is 20 per cent."By the end of this year, we are hoping to have 50 per cent of our smartphone sales in the country from offline channels," he added.

Xiaomi had primarily been an online brand since its inception and started its offline sales in India just two years ago.The company announced the opening of 500 Mi Stores in the country in November last year, saying that it was planning to open 5,000 such retail stores in the rural parts of the country by end of this year. "Mi Stores" are similar to the bigger "Mi Home" stores currently operational in the metros and other big cities.

In addition to the 1,000th Mi Store launch, Xiaomi India also announced the launch of Mi Studios, the latest addition to its existing three retail channels.


Located currently in Bengaluru and Mumbai, with an average size of 400-600 sq.ft, the new Mi Studios are an optimised version of Mi Homes, Xiaomi said, adding that it was working towards opening 200 Mi Studios by the end of this year.

Xiaomi, which surpassed Samsung to become the market leader in 2018 with 28.9 per cent share in the Indian smartphone market, also has over 5,000 Mi Preferred Partner (third-party) stores spread across over 50 cities.

"We are learning from other other brands such as Samsung and Vivo in expanding our offline presence in the country," Jain added. Including all the four retail hannels, Xiaomi currently has a total of about 6,000 retail stores in the country.


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2019-04-25 05:54:01
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Advanced Bunny

diogoboo | from Redmi Note 6 Pro

#1

congratulations
2019-04-25 06:19:11

Beta Team-Global

deepaksoni8 | from Redmi 6 Pro

#2

Good News for india
2019-04-25 06:19:12
MIUI BETA TEAM

Master Bunny

MD SHAHED BEG | from Redmi Note 5A

#3

Great news
2019-04-25 06:19:48
MD SHAHED BEG
MI COMMUNITY BANGLADESH

Master Bunny

Tareque | from Redmi Note 5

#4

Good target  
2019-04-25 06:25:30

Beta Team-Global

Sony w | from Redmi Note 6 Pro

#5

Good News...
2019-04-25 06:46:54

Beta Team-Global

@Biswajit | from Redmi Y1 Lite

#6

thanks for sharing
2019-04-25 07:32:19


News Reporter

ᎮᏒᎥᏁፈᏋ | from Redmi Note 4X

#7

Wow that's great news thanks for sharing Keep it up Xiaomi
2019-04-25 07:36:08

Techie Team

Mahmud Af Nahin | from Redmi Note 5

#8

ᎮᏒᎥᏁፈᏋ
Wow that's great news thanks for sharing Keep it up Xiaomi

Great news
2019-04-25 07:58:24

Wizard Bunny

MiDevCode | from Redmi Note 7

#9

Wow!! Great news for Mi Fans India.
2019-04-25 08:19:08
Always Believe That Something Wonderful is About to Happen!

Beta Team-Global

techie_wanderer | from Redmi Note 6 Pro

#10

great news
2019-04-25 08:51:48
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