Business Standard

Friday, December 20, 2024 | 07:43 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Xiaomi expects half of its sales to come from offline stores by end of 2019

The company is looking to expand its offline market presence in India by doubling the number of its retail stores from the present 10,000 in near future

Xiaomi
Premium

Xiaomi recently announced that 99 per cent of the smartphones it sold in the country were made in India

Gireesh Babu Chennai
Chinese smartphone maker Xiaomi, which entered the India market in 2014 as an online seller, is expecting half of its total sales to come from offline retail stores by the end of 2019. The company is looking to further expand its offline market presence in the country by doubling the number of its retail stores from the present 10,000.

In the past two years, Xiaomi has expanded its chain of offline stores across formats — 6,000 Mi Preferred Partner stores and 75 Mi Homes on a franchise-based model, besides exclusive small-format Mi Stores added last year to penetrate Tier-II, -III

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in