As the Chinese technology group bolsters its efforts to fight increasing competition from rivals and looks to smoothen its relationship with New Delhi, it is elevating a veteran to the position of General Manager.
The transition of the previous head of Xiaomi India to a globe role as Group VP was followed by the appointment of the current head of the Indonesia business. India is the biggest international market for the company.
Over the course of three years, Jain has overseen the growth of the company from an upstart to the largest phone maker in India. He left his position as India's leader.
He is familiar with the India. According to people familiar with the matter, he played a key role in shaping the strategy and execution of the company. One of the founding members at Poco was also an angel investor in several Indian startup.
He will support the company's next phase of growth after he transitions. The company said that being a British national and true global citizen has helped them expand into many global markets.
AnujSharma, a former executive at Motorola who moved to Poco over two years ago, is rejoining the Chinese giant as its chief marketing officer.
The company said that it will stay true to its core philosophy of relentlessly building amazing products with honest prices such that everyone in the world can enjoy a better lifestyle.
It's a crucial time for the company. The tentpole position in the Indian smartphone market is still held by it.
There is a market for smartphones in India. The data is canalys.
There is a strange fiasco in India. In April this year, India's anti-money-laundering agency seized assets worth about $725 million fromXiaomi India for violating foreign exchange laws. The move has been put on hold.
Jain was questioned by the agency earlier this year over tax compliance. The executives of the company faced physical violence during the questioning, according to the report.
The India Cellular and Electronics Association, a lobby group that represents Apple and many other tech giants, late last month called out Indian authorities for lacking understanding of how patents and royalty atop of them work.
Over the past four years,Xiaomi has aggressively expanded its presence in India, setting up its icon stores and partnering with scores of local retailers It has been able to move a lot of its assembly work to India from China. The firm isn't immune to the tensions between India and China.
Over 200 apps were banned by India in 2020. Xiaomi rebranded many stores in India as Indian firms after some of its apps were banned in India.
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