Xiaomi Revenue In India Crossed $1 Billion USD Mark

Xiaomi has although sold a lot of its MIUI-based Android powered smartphones in India in 2016. Announced that it crossed $1 billion in revenue the same year from its Indian unit.


From Xiaomi India head Manu Kumar Jain:

We are truly excited to announce that Xiaomi has achieved this historic feat of recording over US$1 billion in revenue achieved within two years of us launching our operation in India. 2016 was an incredible year for us and we were able to attain several milestones.

This achievement is a great motivation for us to deliver even more high-quality, disruptive products in the coming year. It speaks volumes about the love and trust Mi fans have for Xiaomi, and we are extremely thankful to everyone who were a part of our journey. We look forward to an even better 2017.

With the launch of Redmi Note 3 in India, Xiaomi’s smartphone sales were well received over 2.3 million units sold in just six months. The entry-level Redmi 3S also made a strong start following its debut in the third quarter last year.

Now, Xiaomi will be reportedly looking forward to India for future growth. For that, the company has launched a few products in its Mi Ecosystem label in India, including the Mi Air Purifier 2, and will be also expanding its smart accessories/home products in the country this year.

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