Over the last decade, Xiaomi has achieved loads. Here are a few of the standout achievements and future plans that Xiaomi India President Muralikrishnan B spoke about at a roundtable that Gadgets 360 attended forward of the launch occasion.
Flagship Phone at Under Rs. 15,000
The Chinese producer entered the Indian market in 2014 with the launch of the Mi 3, which was a flagship cellphone with a Snapdragon 800 chipset that value solely Rs. 14,999. The cellphone had a 5-inch show and ran Android 4.4-based MIUI 5.0. It got here with a 13-megapixel rear digital camera, a 2-megapixel selfie unit, and a 3,050mAh battery.
GDP Doubled in 10 years
Xiaomi’s GDP in India has doubled within the final 10 years
Xiaomi President Muralikrishnan claimed that the corporate’s GDP has greater than doubled within the final 10 years, from round 2.04 trillion in 2014 to about 3.94 trillion in 2024. The firm expects this to hit 4 trillion by the tip of the yr.
250 Million Smartphones Shipped
In the final 10 years, for the reason that launch of the Xiaomi Mi 3, Muralikrishnan claimed that the corporate has shipped about 250 million or about 25 crore gadgets in India thus far.
350 Million Devices Shipped
Overall, Xiaomi is alleged to have shipped over 350 million or 35 crore gadgets in India since 2014. These embrace smartphones, tablets, IoT gadgets, good TVs, and all different merchandise that Xiaomi sells within the nation.
AI Vision for the Future
While most smartphone makers are delivery their flagship gadgets with AI options, Xiaomi believes that AI must be a foundational layer that may energy helpful options on a smartphone.
AI must be thought of as a basic layer, says Muralikrishnan
Muralikrishnan acknowledged that the corporate is engaged on a number of use circumstances. However, we didn’t get any particulars concerning what these options may be and after we can anticipate them.
Focus on Performance and Experience
In the approaching years, Xiaomi will focus not solely on efficiency but additionally on the expertise supplied to prospects throughout all upcoming merchandise. It’ll do that by persevering with investments in R&D and self-developed foundational applied sciences.
Relationships and Partnerships
Muralikrishnan additionally spoke about including extra manufacturing companions in India to strengthen its Make in India initiative. Xiaomi will proceed so as to add extra AIoT merchandise to the record. It additionally desires to enhance relationships with channel companions each offline and on-line whereas increasing the offline attain.
Increase Locally Sourced Raw Materials for Production
Xiaomi acknowledged that it goals to extend the native sourcing of non-semiconductor BOM (Bill of Materials) on its smartphones. The BOM for domestically sourced supplies presently stands at 35 p.c, based on Muralikrishnan, however the firm desires to hit 55 p.c within the subsequent two years.
Largest Connected Ecosystem in India
The firm goals to be the most important related ecosystem in India within the coming years by leveraging its HyperOS software program throughout all gadgets.
Ensure Carbon Neutrality by 2040
Xiaomi India may even work on a number of initiatives to carry this to fruition
Muralikrishnan acknowledged that Xiaomi goals to attain carbon neutrality by 2040. It may even proceed to leverage expertise to create an influence on society with initiatives such because the lately introduced breast most cancers screening programme in partnership with Yuvraj Singh’s Foundation.
70 Million Devices Shipped within the Coming Decade
Xiaomi India’s Muralikrishnan ended the roundtable keynote by stating that the corporate goals to ship 700 million or 70 crore gadgets within the nation within the subsequent 10 years.
