Xiaomi is announcing huge investments in India

Jean-François Ambrosio - 27/03/19

 

The Chinese Tech group announced investments of 500 M USD in its Indian operation to increase production capacity by 50%. Xiaomi entered India 4 years ago and has been fighting with Samsung to dominate the Indian smartphone market.

 

For 2018, Xiaomi reached a market share of 28,9% in India (41,1 M units from a total de 142,3 M), followed by Samsung with 22,4% (31,9 M units) and the Chinese brands Vivo with 10% (14,2 M units), Oppo with 7,2% (10,2%) and Transsion with 4,5% (6,4 M units).

 

On the feature phone market, the Indian brand Jio was leading in 2018 with a market share of 38%, followed by Samsung with 12%, Itel with 8% and Nokia with 7%. Overall India mobile phone shipments crossed 330 M units in 2018.

 

Tags: Xiaomi
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The Tech & Services Department of Business France - Trade & Investment Commission in India informs, advises and assists French companies in their international expansion with India and South Asia. It also helps Indian stakeholders in bridging with French technology and business counterparts as well as guiding them -through our Investment Department- in their potential investment strategy in France.   A key focus on the agenda of the Department is the promotion of the " French Tech " initiative in India which aims at fostering the relations between the French Tech and the India Tech ecosystems; an area where we believe there are strong perspectives for fruitful partnerships.   In order to foster business and technology tie-ups between French and Indian companies, the Department is regularly organizing business delegations of French stakeholders to India, B2B/B2G events as well as individual B2B meetings.

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