As the company has increased its bet on India, with the announcement of its local manufacturing initiative – Xiaomi India just had its best ever quarter ever since the company started operations in India in July 2014.
In Q3 2015 (July, August, September) we sold more than 1 million devices. During the quarter, all of our products (Redmi 2 Prime, Mi 4, Mi 4i, and Mi Pad) witnessed a massive increase in demand across all platforms – Mi.com, Amazon, Flipkart, and Snapdeal. Redmi 2 Prime, our first Made in India smartphone, emerged as the best-selling product.
Furthermore, throughout 2015 so far, Mi India has recorded an average quarterly quarter-on-quarter growth of 45%.
Manu Jain, India Head, Xiaomi said, “We are thrilled to achieve this significant milestone of crossing the one million mark in one quarter, for the first time ever. Our sales continue to grow every quarter, and we have witnessed an average quarterly growth rate of 45%, which signifies huge momentum for our journey in India. Additionally, our online selling platform Mi.com has been growing significantly since its launch in June 2015, recording over 10 million visits in the month of October itself. During our #DiwaliWithMi campaign, over 1 million unique visitors came to Mi.com on the first day of our sale (3rd November).”
Xiaomi was founded in 2010 and since then, the company has been successful in terms of creating a unique hardware, software, and internet services model for its customers.
Xiaomi’s product range includes the Mi Note Pro, Mi Note, Mi 4, Redmi 2, Mi TV, Mi Band and other accessories. With more than 61 million handsets sold in 2014, and products launched in Taiwan, Hong Kong, Singapore, Malaysia, Philippines, India, Indonesia and Brazil, Xiaomi is expanding its footprint across the world to become a global brand.
