Learning from India crucial for global expansion: Xiaomi's Manu Kumar Jain

According to IDC, we have almost tripled our volume uptake in 2017-18, says Manu Kumar Jain, vice-president, Xiaomi and managing director, Xiaomi India

Xiaomi has expanded its dominance in the smartphone market by growing its share beyond 30 per cent in Q4 since it beat market leader Samsung in mid-2017. Manu Kumar Jain, vice-president, Xiaomi, and managing director, Xiaomi India, shares his thoughts with Arnab Dutta on how the firm has put India on the forefront. Edited excerpts:

Why is your IPO prospectus flooded with mentions on India?

India is strategically important and the biggest market outside China. It is the only market outside China, where we have built all types of set-ups — R&D centre, service centres, production lines and warehouses. Starting from scratch,