印度和中国的地缘政治之间的紧张关系已经激怒了印度消费者,他们在很大程度上是表达在社交媒体上,但这并没有影响销售在每周和不会影响业务从长远来看,小米印度医学马努Kumar Jain告诉ET Himanshi Lohchab和Romit古哈。
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<\/figure>The geopolitical tension between India and China has angered Indian consumers which they are largely expressing on social media, but it hasn\u2019t hurt sales week on week and won\u2019t impact business in the long term, Xiaomi India<\/a> MD Manu Kumar Jain<\/a> told ET\u2019s Himanshi Lohchab and Romit Guha. In his first reactions since the border clashes, Jain said there is a mob mentality, which Xiaomi is facing, but these protesters are mainly fringe elements, who want to be seen on TV and on social media. Jain took a potshot at non-Chinese origin rivals, saying a \u2018US company\u2019 imports its phones from China and local Indian brands only relabel and sell in India, while Xiaomi\u2019s makes all its devices<\/a> in India, sourcing on average 65% of the components locally. Jain though expects a softer 2020 versus 2019 due to a complete washout in the two months\u2019 lockdown and expects to reach pre-COVID sales levels in the third quarter. Edited excerpts:
What are your views on the backlash against China and Chinese-origin companies in India?
<\/strong>
If you look at the last few weeks, has there been a backlash against companies from a particular country or a region? Definitely yes. And I think it started happening somewhere in the middle of lockdown. And I totally understand this, that people are angry. And this got aggravated by the recent geopolitical situation. Of course, there's a backlash on social media\u2026 a mob mentality, which of course we are facing.
But it won\u2019t impact our business, from a long-term perspective. I believe the consumers are very intelligent\u2026 five years ago, when Xiaomi was not in India, there were only two options. Either to buy very low-quality products or to buy super expensive products. And Xiaomi came and redefined the way smartphones, smart TVs and all IoT devices work. Today, one out of three smartphones sold in India is a Xiaomi phone. We have a 35% share in smart TVs. If you look at the growth of smart TVs in last two years, 75 to 80% of that growth is due to Xiaomi.<\/div><\/div>But your country of origin always gives rise to misgivings\u2026
<\/strong>
Of course, was our origin in China? Yes.
But we've built a truly multinational company. Many of our co-founders are from different countries. People with citizenship of US, Hong Kong, Singapore. We are listed in Hong Kong and people across the world have invested in Xiaomi. The company\u2019s board is truly global with people across the world. And today, we are present in more than 90 markets or countries. And each of these big markets, we have tried to build a local team with local culture.
If you look at the smartphone industry of India, I can confidently say that we have more Indian in spirit than any other smartphone company.
People are talking about US brands, but people forget the brand is made nearly 100% in China, every single component, and they're just importing in India. There were so called Indian brands, but they used to buy a product from China and just rebrand and sell it here with minimal customization. And that's why their innovation and their quality control was very poor. People stood up in a launch event said that we were working on this product for a year, and it came out as a rebranded product from China, and they didn't even change the home screen, the screensaver. They just changed the logo and called it an Indian phone.<\/div><\/div>All our phones are made in India, most of our TVs are made in India. We have generated employment for 50,000 people in India, including Xiaomi India team members and everybody that works exclusively for Xiaomi. We have paid everyone's salary. We have a local product team, local R&D team, quality teams. A 100% of the data for Indian users stays in India. It's stored in AWS servers in India in encrypted form. The entire leadership team is here. We pay taxes here in India, And I can confidently say that we have been investing every single year.
If you look at all multinational companies, they will send somebody from their own country to lead the team in India. Not just smartphones, but look at even automobiles, be it from Japan, Korea\u2026 Their entire leadership team would be from the home country like Japan, Korea, China, Taiwan. Some of the companies will have one Indian face for say marketing or a PR perspective. But all the decision making would be from people coming from abroad.
Nobody has pushed the design for India, make for India, made in India agenda as much as we have. If you look at today, a large number of our components are locally produced or sourced in India, we're not just doing basic assembly like many other brands. Our PCBAs, battery backs, touch panels, back panels, camera modules are all made in India.
Other brands have been here for 15-10 years. We've been here for six years out of which our Make in India journey has been like four-and-a-half-year-old. And still, we are ahead of anybody else in localization. In spirit are we more Indian than anybody else. And I think people will understand this over a period of time while making that buying decision.
Given the border skirmishes, have you faced threats on a personal front or on your premises?
<\/strong>
We have less than 10 people from China working in India\u2026And that talks about confidence and the localization that we have done. We have again not issued any security advisory. Of course, we understand things are tough right now. But there's no reason for us to panic or to have any concerns regarding security, neither at our office nor at our shops, or anywhere else.
Now once or twice in the last one week or 10 days, there have been one or two episodes when people have come outside our shop or store, they've raised slogans. Apart from two episodes, we haven't any seen any major episode till now. But this, to us, appears more like Twitter reaction. There are people who want to be seen on TV and like this is a great opportunity for them.
We have not increased security anywhere even factories or warehouses and nowhere else.
Have you seen week on week sales take a hit due to the Indo-China tensions?
<\/strong>
No.
I will give you three examples. First, two to three weeks ago, we launched a product called Redmi<\/a> earbuds, TWS (true wireless headphone). The entire TWS market is about 6 lakh units in a quarter. And the largest selling brand in India sold about 1 lakh units in Q1. And we crossed the one lakh number in one week.
No. 2 - Last week, we launched our flagship laptop called Mi Notebok 14 Horizon edition. We went on sale last week. Now, of course, when I talk about laptop, the laptop market itself is very small as compared with phones. And we were out of stock within like two three minutes.
No. 3 - We launched phones called Redmi Note 9<\/a> pro and 9 Pro Max in March. It has been more than three months since the launch happened. Even till now, whatever we bring every week, it goes out of stock within like two-three minutes.
But in the week as we speak compared to the week before, when things weren't as bad, any change in your sales patterns?
<\/strong>
No. Any change which happens is mainly because of supply. But from a demand perspective, number of users coming on our website or Amazon or walking into stores, there's no change.
So, how does that compare to pre-Covid numbers?
<\/strong>
Of course, from pre-Covid numbers, it is still low, especially from a walk-in perspective. One because window shopping has completely died and second, because people are also using other O2O platforms like we just launched Mi commerce.
But in terms of absolute sales, it is what percentage of pre COVID levels?
<\/strong>
Today, it is still lower than pre-COVID but based on how trends are increasing every week, we are expecting that by Q3, we should be able to get to the same levels as pre-COVID. Let me give the two big caveats. First, there is no major lockdown and second, we are able to ramp up factories without any major hurdles.
So what are the challenges that you're facing right now from a local manufacturing perspective? And how can the government help mitigate that?<\/strong>
The biggest challenge is on availability of manpower. It's not only for manufacturing, even at warehouses, delivery boys, after sales service centres, shop boys. Luckily for us, a lot of our manpower was from local villages and not from other states and since 95% of our workforce in factories are women, we had already built dormitories, given their safety. So the ramp up is easier for us as long as the government regulations allow them, we should be able to ramp up hopefully, faster and easier than many other people in the industry. Read also<\/h3>
<\/a><\/div>Xiaomi India head Manu Jain on anti-China sentiment, smartphone demand, FDI rules<\/h4><\/a><\/div>
<\/a><\/div>Boycott China: Xiaomi more Indian than local handset companies, says India MD<\/h4><\/a><\/div><\/div>
Are you seeing any disturbance in your offline channel in terms of boycott?
<\/strong>
At least till now, we have 10,000 retailers selling Xiaomi products. There's not even a single retailer who has said I will not sell Xiaomi products because of their country of origin.
In the smartphone segment, consumers don't have affordable options apart from Chinese brands. But that is not the case in smart TVs and laptops. Do you see that as a problem?<\/strong>
No. We have more than 35% market share in smart TVs. We are as big as Sony, Samsung and Panasonic combined. And if a consumer finds the product reliable in terms of quality and it fits his budget, I don't think he\/she will be bothered about our country of origin.
Overall, FY20-21 is expected to be softer than FY19-20 growth wise. Your views.<\/strong>
So, will our growth be lower? Definitely yes. One, because the market is going down. Most analysts have cut this year\u2019s estimates to 130-135 million because of COVID-19. Second, for these two months of lockdown, we were not able to sell any volumes, it was a complete write-off.
These anti-China issues have cropped up from time to time and Xiaomi has been caught in these cross hairs, when it comes to data privacy, or border issues\u2026<\/strong>
Honestly speaking, of course it\u2019s an irritant. But is this the number one thing that we worry about? No.
Currently, you are importing some phones due to manufacturing and distribution constraints. What is your proportion of imported products vis-a-vis locally manufactured ones?
<\/strong>
Usually, we import less than 1% of our phones sold in India. Only high-end phones which cannot be manufactured here, due to technical constraints, or during special sale events such as Diwali sales, are phones imported. We have been importing during the month of June because manufacturing is still taking time to ramp up and the demand is extremely high. We are expecting it will go back to 99% versus 1% very soon, within a few weeks, or Q3.
We make less than 5% profit margin on hardware. And the import duty on a completely billed unit (CBU) is 20%. So, given our business model, we don't want to keep importing for long.
In the component ecosystem, do you see high value manufacturing in India anytime soon? What is the roadmap for Xiaomi and the industry?<\/strong>
We should look at it, as at least a 10-year horizon for this to be successful. Even for big manufacturing countries like the US, China, Korea, Taiwan, it took decades to set up local manufacturing hubs. Take an example of phones. Phones were assembled in India but battery packs came from abroad. Now battery packs are made in India but battery cells are still coming from abroad. Now maybe battery cells in the future will be made in India but the raw material for it comes from abroad. So, it's a test match not like a T20 or a one-day.
So are you in the process of applying for the production-linked incentive scheme?<\/strong>
We're definitely studying it. I think it's a great scheme for anybody to get the incentive for both local production and export.
Just one technical point. Do you need to apply or do your contract manufacturing partners need to apply?
<\/strong>
My understanding is that a manufacturing partner needs to apply. But of course, the government will take into account which is the brand that they're supporting. In our case, we work with two partners.
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As per Xiaomi, the Mi Stores now have presence across 850 cities in India.","seolocation":"telecomnews\/xiaomi-opens-3000th-mi-store-in-india","seolocationalt":"Xiaomi opens 3,000th Mi Store in India","url_seo":"xiaomi-opens-3000th-mi-store-in-india"},{"msid":"77846838","stname":"Smartphone demand rebounded very strongly; production to soon reach 100% capacity: Xiaomi India MD Manu Jain","artsyn":"Chinese smartphone maker Xiaomi said that the India\u2019s smartphone market has rebounded \u201cvery strongly\u201d after the lockdown, mainly driven by pent-up demand and new demand associated with new online education among others.","seolocation":"telecomnews\/smartphone-demand-rebounded-very-strongly-no-anti-china-impact-xiaomi-india-md-manu-jain","seolocationalt":"Smartphone demand rebounded very strongly; production to soon reach 100% capacity: Xiaomi India MD Manu Jain","url_seo":"smartphone-demand-rebounded-very-strongly-no-anti-china-impact-xiaomi-india-md-manu-jain"},{"msid":"77426833","stname":"Xiaomi to take legal action against those spreading misinformation: MD Jain","artsyn":"Smartphone brand Xiaomi, on Friday said that it is fully compliant with government\u2019s orders since the banned mobile applications cannot be accessed on its devices and reserves the right of legal action against false accusations against the company.","seolocation":"telecomnews\/xiaomi-to-take-legal-action-against-those-spreading-misinformation-md-jain","seolocationalt":"Xiaomi to take legal action against those spreading misinformation: MD Jain","url_seo":"xiaomi-to-take-legal-action-against-those-spreading-misinformation-md-jain"},{"msid":"76661407","stname":"India-China standoff: Traders group deplores Chinese Xiaomi\u2019s Manu Jain views","artsyn":"The comments from Delhi-based Cait have come following Jain's recent remarks saying that anti-China backlash was on social media only, citing it as a mob mentality.","seolocation":"telecomnews\/india-china-standoff-traders-group-deplores-chinese-xiaomis-manu-jain-views","seolocationalt":"India-China standoff: Traders group deplores Chinese Xiaomi\u2019s Manu Jain views","url_seo":"india-china-standoff-traders-group-deplores-chinese-xiaomis-manu-jain-views"},{"msid":"76545290","stname":"Facing 'mob mentality' on social media, but Indian consumers are smart: Xiaomi's Jain","artsyn":"The geopolitical tension between India and China has angered Indian consumers which they are largely expressing on social media, but it hasn\u2019t hurt sales week on week and won\u2019t impact business in the long term, Xiaomi India MD Manu Kumar Jain told ET\u2019s Himanshi Lohchab and Romit Guha.","seolocation":"telecomnews\/facing-mob-mentality-on-social-media-but-indian-consumers-are-smart-xiaomis-jain","seolocationalt":"Facing 'mob mentality' on social media, but Indian consumers are smart: Xiaomi's Jain","url_seo":"facing-mob-mentality-on-social-media-but-indian-consumers-are-smart-xiaomis-jain"},{"msid":"76542853","stname":"Boycott China: Xiaomi more Indian than local handset companies, says India MD","artsyn":"Jain said non-Chinese foreign rivals including one \u2018US company\u2019 imports all of their phones from China and local Indian brands only relabel and sell in India.","seolocation":"telecomnews\/boycott-china-xiaomi-more-indian-than-local-handset-companies-says-india-md","seolocationalt":"Boycott China: Xiaomi more Indian than local handset companies, says India MD","url_seo":"boycott-china-xiaomi-more-indian-than-local-handset-companies-says-india-md"},{"msid":"76147827","stname":"Xiaomi's Mi Notebook to launch in India on June 11","artsyn":"Xiaomi on Monday said it is going to unveil an India exclusive Mi Notebook on June 11 via an online event. The launch event will kick off at 12 noon IST and will be streamed across Xiaomi's social media platforms and Mi.com as well.","seolocation":"telecomnews\/xiaomis-mi-notebook-to-launch-in-india-on-june-11","seolocationalt":"Xiaomi's Mi Notebook to launch in India on June 11","url_seo":"xiaomis-mi-notebook-to-launch-in-india-on-june-11"},{"msid":"75537263","stname":"Ericsson, Huawei, Xiaomi, Oppo to take steps to mandate Aarogya Setu app among staff","artsyn":"Phone brands including Xiaomi and Oppo have already spun into action. Apart from mandating it for employees, the companies are also spreading the word among its customers.","seolocation":"telecomnews\/ericsson-huawei-xiaomi-oppo-to-take-steps-to-mandate-aarogya-setu-app-among-staff","seolocationalt":"Ericsson, Huawei, Xiaomi, Oppo to take steps to mandate Aarogya Setu app among staff","url_seo":"ericsson-huawei-xiaomi-oppo-to-take-steps-to-mandate-aarogya-setu-app-among-staff"},{"msid":"74770751","stname":"Xiaomi to donate masks, hazmat suits, abide by lockdown orders: Manu Jain","artsyn":"Chinese handset brand Xiaomi, on Monday said, it has imported N95 masks and protective suits for donating to hospitals and governments across India.","seolocation":"telecomnews\/xiaomi-to-donate-masks-hazmat-suits-abide-by-lockdown-orders-manu-jain","seolocationalt":"Xiaomi to donate masks, hazmat suits, abide by lockdown orders: Manu Jain","url_seo":"xiaomi-to-donate-masks-hazmat-suits-abide-by-lockdown-orders-manu-jain"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"1677962","value":"Manu Kumar Jain","smid":"0","keynameseo":"Manu-Kumar-Jain","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"2385629","value":"Xiaomi smartphones","smid":"0","keynameseo":"Xiaomi-smartphones","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"2210169","value":"Xiaomi India","smid":"0","keynameseo":"Xiaomi-India","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"8708121","value":"redmi note 9","smid":"0","keynameseo":"redmi-note-9","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"2415488","value":"Redmi","smid":"0","keynameseo":"Redmi","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"50297","value":"Interviews","smid":"0","keynameseo":"Interviews","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6355190","value":"Devices","smid":"0","keynameseo":"Devices","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"2740693","value":"amazon video","smid":"0","keynameseo":"amazon-video","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"Xiaomi smartphones"},{"name":"Manu Kumar Jain"},{"name":"Xiaomi India"},{"name":"redmi note 9"},{"name":"amazon video"},{"name":"Interviews"},{"name":"Devices"},{"name":"Redmi"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Manu Kumar Jain","Xiaomi smartphones","Xiaomi India","redmi note 9","Redmi","Interviews","Devices","amazon video"],"filterTags":[]},"breadcrumbTags":["Manu Kumar Jain","Xiaomi smartphones","Xiaomi India","redmi note 9","Redmi","Interviews","Devices","amazon video"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/facing-mob-mentality-on-social-media-but-indian-consumers-are-smart-xiaomis-jain\/76545290","associated":{"articles":{"96384807":{"msid":"96384807","stname":"Court relief for Xiaomi India, frees Rs 3,700 crore FDs, sets conditions","artsyn":"But it set certain conditions. The court ruled that Xiaomi India will not be entitled to make payments from the fixed deposit accounts \"in the form of royalty or in any other form to any companies\/entities located outside India.\"","seolocation":"telecomnews\/court-relief-for-xiaomi-india-frees-rs-3700-crore-fds-sets-conditions","seolocationalt":"Court relief for Xiaomi India, frees Rs 3,700 crore FDs, sets conditions","url_seo":"court-relief-for-xiaomi-india-frees-rs-3700-crore-fds-sets-conditions"},"92749160":{"msid":"92749160","stname":"\u2018It's business as usual at Xiaomi India, no job cuts\u2019","artsyn":"The company is presently waiting for the written order from the Karnataka High Court that directed the competent authority under FEMA to hear Xiaomi's appeals against the enforcement directorate's order to seize its assets worth over Rs 5500 crore, and pass an appropriate order within 60 days, before deciding on the next course of action.","seolocation":"telecomnews\/its-business-as-usual-at-xiaomi-india-no-job-cuts","seolocationalt":"\u2018It's business as usual at Xiaomi India, no job cuts\u2019","url_seo":"its-business-as-usual-at-xiaomi-india-no-job-cuts"},"91521726":{"msid":"91521726","stname":"Xiaomi India's director of offline sales operations Sunil Baby resigns","artsyn":"A Xiaomi official, who did not wish to be named, confirmed the development, saying the matter has been under discussion for weeks, and was announced to the employees of the company on Thursday.","seolocation":"telecomnews\/xiaomi-indias-director-of-offline-sales-operations-sunil-baby-resigns","seolocationalt":"Xiaomi India's director of offline sales operations Sunil Baby resigns","url_seo":"xiaomi-indias-director-of-offline-sales-operations-sunil-baby-resigns"},"91226783":{"msid":"91226783","stname":"Xiaomi India says all royalty payments legit and truthful in reaction to ED action","artsyn":"\"We have studied the order from government authorities carefully. We believe our royalty payments and statements to the bank are all legit and truthful. These royalty payments that Xiaomi India made were for the in-licensed technologies and IPs used in our Indian version products,\" the company said in the statement.","seolocation":"telecomnews\/xiaomi-india-says-all-royalty-payments-legit-and-truthful-in-reaction-to-ed-action","seolocationalt":"Xiaomi India says all royalty payments legit and truthful in reaction to ED action","url_seo":"xiaomi-india-says-all-royalty-payments-legit-and-truthful-in-reaction-to-ed-action"},"90832982":{"msid":"90832982","stname":"ED summons execs of Xiaomi, OnePlus over 'forex violations'","artsyn":"In the case of Xiaomi, the ED is probing alleged foreign remittances of more than \u20b91,000 crore, said people in the know. These remittances include transfers by the company - in the nature of royalty - to and on behalf of its group companies based abroad.","seolocation":"telecomnews\/ed-summons-execs-of-xiaomi-oneplus-over-forex-violations","seolocationalt":"ED summons execs of Xiaomi, OnePlus over 'forex violations'","url_seo":"ed-summons-execs-of-xiaomi-oneplus-over-forex-violations"},"90823080":{"msid":"90823080","stname":"Xiaomi executive skips ED questioning, seeks more time to join investigation","artsyn":"The Enforcement Directorate has summoned Jain, a former head of Xiaomi's India unit, in a case related to a violation of the provisions of the Foreign Exchange Management Act (FEMA). ED is investigating this case referred by Income Tax Department.","seolocation":"telecomnews\/xiaomi-executive-skips-ed-questioning-seeks-more-time-to-join-investigation","seolocationalt":"Xiaomi executive skips ED questioning, seeks more time to join investigation","url_seo":"xiaomi-executive-skips-ed-questioning-seeks-more-time-to-join-investigation"},"90804311":{"msid":"90804311","stname":"Enforcement Directorate summons former Xiaomi head in investigation: Sources","artsyn":"The Enforcement Directorate has been probing the company since at least February, and in recent weeks asked Manu Kumar Jain, Xiaomi's former India managing director, to appear before its officers, the sources said.","seolocation":"telecomnews\/enforcement-directorate-summons-former-xiaomi-head-in-investigation-sources","seolocationalt":"Enforcement Directorate summons former Xiaomi head in investigation: Sources","url_seo":"enforcement-directorate-summons-former-xiaomi-head-in-investigation-sources"},"85457308":{"msid":"85457308","stname":"Realme to Xiaomi: Mind your own business and keep mouth shut","artsyn":"The Xiaomi vs Realme war on Twitter has once again erupted, and seems to have gone full blown. In a tweet yesterday (August 18), Xiaomi's Redmi business director Sneha Tainwala had hit out at arch rival Realme for copying Xiaomi's Mi Fan Festival.","seolocation":"telecomnews\/realme-to-xiaomi-mind-your-own-business-and-keep-mouth-shut","seolocationalt":"Realme to Xiaomi: Mind your own business and keep mouth shut","url_seo":"realme-to-xiaomi-mind-your-own-business-and-keep-mouth-shut"},"83716273":{"msid":"83716273","stname":"Xiaomi India head Manu Jain explains 'zero cost marketing' claim","artsyn":"How come Xiaomi\u2019s marketing cost and budget be \u201czero\u201d when ads of Xiaomi\u2019s phones are visible on social media, YouTube, newspapers, TV and other platforms...","seolocation":"telecomnews\/xiaomi-india-head-manu-jain-explains-zero-cost-marketing-claim","seolocationalt":"Xiaomi India head Manu Jain explains 'zero cost marketing' claim","url_seo":"xiaomi-india-head-manu-jain-explains-zero-cost-marketing-claim"},"79299897":{"msid":"79299897","stname":"Xiaomi says sold over 9 million smartphones during festive sales period","artsyn":"Chinese smartphone maker Xiaomi Thursday said it sold over 13 million devices during the festive sales period, out of which smartphones accounted for 9 million units.","seolocation":"telecomnews\/xiaomi-says-sold-over-9-million-smartphones-during-festive-sales-period","seolocationalt":"Xiaomi says sold over 9 million smartphones during festive sales period","url_seo":"xiaomi-says-sold-over-9-million-smartphones-during-festive-sales-period"},"77888566":{"msid":"77888566","stname":"Offline retailers counter Xiaomi India claims on inventory allocation; ask Oppo to stop online discounts","artsyn":"Offline mobile retailers have countered Xiaomi India head Manu Jain\u2019s comments that offline inventory issues were largely due to supply shortage and said that the Chinese brand is deliberately delaying inventory of newly launched products and is diverting it to its own channel along with other ecommerce partners to save margins.","seolocation":"telecomnews\/offline-retailers-counter-xiaomi-india-claims-of-inventory-issues-ask-oppo-to-stop-online-discounts","seolocationalt":"Offline retailers counter Xiaomi India claims on inventory allocation; ask Oppo to stop online discounts","url_seo":"offline-retailers-counter-xiaomi-india-claims-of-inventory-issues-ask-oppo-to-stop-online-discounts"},"77847737":{"msid":"77847737","stname":"Xiaomi opens 3,000th Mi Store in India","artsyn":"Chinese smartphone maker Xiaomi on Monday said it has opened its 3,000th exclusive retail store Mi Store in India in the city of Bulandshahr, Uttar Pradesh. As per Xiaomi, the Mi Stores now have presence across 850 cities in India.","seolocation":"telecomnews\/xiaomi-opens-3000th-mi-store-in-india","seolocationalt":"Xiaomi opens 3,000th Mi Store in India","url_seo":"xiaomi-opens-3000th-mi-store-in-india"},"77846838":{"msid":"77846838","stname":"Smartphone demand rebounded very strongly; production to soon reach 100% capacity: Xiaomi India MD Manu Jain","artsyn":"Chinese smartphone maker Xiaomi said that the India\u2019s smartphone market has rebounded \u201cvery strongly\u201d after the lockdown, mainly driven by pent-up demand and new demand associated with new online education among others.","seolocation":"telecomnews\/smartphone-demand-rebounded-very-strongly-no-anti-china-impact-xiaomi-india-md-manu-jain","seolocationalt":"Smartphone demand rebounded very strongly; production to soon reach 100% capacity: Xiaomi India MD Manu Jain","url_seo":"smartphone-demand-rebounded-very-strongly-no-anti-china-impact-xiaomi-india-md-manu-jain"},"77426833":{"msid":"77426833","stname":"Xiaomi to take legal action against those spreading misinformation: MD Jain","artsyn":"Smartphone brand Xiaomi, on Friday said that it is fully compliant with government\u2019s orders since the banned mobile applications cannot be accessed on its devices and reserves the right of legal action against false accusations against the company.","seolocation":"telecomnews\/xiaomi-to-take-legal-action-against-those-spreading-misinformation-md-jain","seolocationalt":"Xiaomi to take legal action against those spreading misinformation: MD Jain","url_seo":"xiaomi-to-take-legal-action-against-those-spreading-misinformation-md-jain"},"76661407":{"msid":"76661407","stname":"India-China standoff: Traders group deplores Chinese Xiaomi\u2019s Manu Jain views","artsyn":"The comments from Delhi-based Cait have come following Jain's recent remarks saying that anti-China backlash was on social media only, citing it as a mob mentality.","seolocation":"telecomnews\/india-china-standoff-traders-group-deplores-chinese-xiaomis-manu-jain-views","seolocationalt":"India-China standoff: Traders group deplores Chinese Xiaomi\u2019s Manu Jain views","url_seo":"india-china-standoff-traders-group-deplores-chinese-xiaomis-manu-jain-views"},"76545290":{"msid":"76545290","stname":"Facing 'mob mentality' on social media, but Indian consumers are smart: Xiaomi's Jain","artsyn":"The geopolitical tension between India and China has angered Indian consumers which they are largely expressing on social media, but it hasn\u2019t hurt sales week on week and won\u2019t impact business in the long term, Xiaomi India MD Manu Kumar Jain told ET\u2019s Himanshi Lohchab and Romit Guha.","seolocation":"telecomnews\/facing-mob-mentality-on-social-media-but-indian-consumers-are-smart-xiaomis-jain","seolocationalt":"Facing 'mob mentality' on social media, but Indian consumers are smart: Xiaomi's Jain","url_seo":"facing-mob-mentality-on-social-media-but-indian-consumers-are-smart-xiaomis-jain"},"76542853":{"msid":"76542853","stname":"Boycott China: Xiaomi more Indian than local handset companies, says India MD","artsyn":"Jain said non-Chinese foreign rivals including one \u2018US company\u2019 imports all of their phones from China and local Indian brands only relabel and sell in India.","seolocation":"telecomnews\/boycott-china-xiaomi-more-indian-than-local-handset-companies-says-india-md","seolocationalt":"Boycott China: Xiaomi more Indian than local handset companies, says India MD","url_seo":"boycott-china-xiaomi-more-indian-than-local-handset-companies-says-india-md"},"76147827":{"msid":"76147827","stname":"Xiaomi's Mi Notebook to launch in India on June 11","artsyn":"Xiaomi on Monday said it is going to unveil an India exclusive Mi Notebook on June 11 via an online event. The launch event will kick off at 12 noon IST and will be streamed across Xiaomi's social media platforms and Mi.com as well.","seolocation":"telecomnews\/xiaomis-mi-notebook-to-launch-in-india-on-june-11","seolocationalt":"Xiaomi's Mi Notebook to launch in India on June 11","url_seo":"xiaomis-mi-notebook-to-launch-in-india-on-june-11"},"75537263":{"msid":"75537263","stname":"Ericsson, Huawei, Xiaomi, Oppo to take steps to mandate Aarogya Setu app among staff","artsyn":"Phone brands including Xiaomi and Oppo have already spun into action. Apart from mandating it for employees, the companies are also spreading the word among its customers.","seolocation":"telecomnews\/ericsson-huawei-xiaomi-oppo-to-take-steps-to-mandate-aarogya-setu-app-among-staff","seolocationalt":"Ericsson, Huawei, Xiaomi, Oppo to take steps to mandate Aarogya Setu app among staff","url_seo":"ericsson-huawei-xiaomi-oppo-to-take-steps-to-mandate-aarogya-setu-app-among-staff"},"74770751":{"msid":"74770751","stname":"Xiaomi to donate masks, hazmat suits, abide by lockdown orders: Manu Jain","artsyn":"Chinese handset brand Xiaomi, on Monday said, it has imported N95 masks and protective suits for donating to hospitals and governments across India.","seolocation":"telecomnews\/xiaomi-to-donate-masks-hazmat-suits-abide-by-lockdown-orders-manu-jain","seolocationalt":"Xiaomi to donate masks, hazmat suits, abide by lockdown orders: Manu Jain","url_seo":"xiaomi-to-donate-masks-hazmat-suits-abide-by-lockdown-orders-manu-jain"}}}}" data-news-images="[{"msid":"76545712","msname":"Manu Jain_VP and MD, Xiaomi India","msnameseo":"manu-jain_vp-and-md-xiaomi-india","mediatype":"1","artdate":"2020-06-24 12:35:00.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
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