Xiaomi looks to be too eager to increase their rate of growth in India as the Chinese smartphone maker Xiaomi has hired a former Google executive to help drive its push into India, as the company ramps up efforts to expand into new markets and replicate its success at home
.According to our sources, the fast-growing company has recruited Jai Mani to be lead product manager for India, which is currently the world’s third-largest smartphone market. This was announced by Hugo Barra, who is the vice-president of international operations and is himself a former Google executive. The announcement was made on Monday.
Xiaomi is currently the only company to be addressing such a massive rate of growth in the world. This smartphone market of the world has witnessed the extreme rate of growth for the first time. The company which has seen itself to become one of the largest smartphone sellers in China, records 240 per cent year-on-year growth, according to Canalys, the research group.
Xiaomi is “for the cost-conscious consumer so it would be very successful for the Indian market”, explained Jessica Kwee, analyst at Canalys. “Their growth trajectory in India is going to be quite significant in these first few quarters.”
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