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Xiaomi Could Cross 18 million Units In Smartphone Sales In India This Year: Analyst

by Anvinraj Valiyathara 0

Xiaomi Redmi 4A budget smartphone was made available for purchase in India on March 23. The Chinese manufacturer claims that it sold 2.5 lakhs units of Redmi 4A through Amazon.in and Mi.com in just 4 minutes. Also, Xiaomi had sold more than 1 million Redmi Note 4 units in India in just 45 days after its launch on January 23. Well-known industry expert Kevin Wang has claimed that Xiaomi is expected to achieve highly impressive sales record in India in 2017.

The Chinese tech company had confirmed in January that it crossed the $1 billion revenue mark in just first two years of operating in India. The present popularity of the Redmi Note 4 and Redmi 4A smartphones suggests that it will be achieving huge sales result this year. Wang has predicted that the sales of Xiaomi smartphones is going to exceed 18 million units as the company seems to be selling 1.5 million units per month.

He has added that the Indian market is going through a shift from feature phones to smartphones. The demand for smartphones are increasing in India and Xiaomi seems to have timed the release of its budget friendly smartphones quite well in the country.

Xiaomi 2017 sales

Related: Real Image of Xiaomi Mi 6 Plus Surfaces Online, Shows Dual Cameras

On March 20, Xiaomi announced its second manufacturing plant in Sri City, Andhra Pradesh, India. The first manufacturing unit was setup at the same location in August 2015. The new plant that is owned and operated by Xiaomi’s partner firm Foxconn will be only manufacturing Xiaomi smartphones. With this new plant, 95 percent of the phones sold in India would be manufactured in the country. The combined production of both manufacturing unit will let the company produce 1 phone per second in India.

Xiaomi has already started teasing the launch of Redmi 4 and Redmi Prime that be arriving as successor phones for Redmi 3S and Redmi 3S Prime. The arrival of these phones are expected to generate more sales for the company. The Redmi 3S and Redmi Note 3 smartphones from last year are contributing considerably to the online smartphone sales with 50 percent market share among the leading 10 smartphones in India.

(source)

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