New Delhi: Chinese language handset maker Xiaomi has elevated its India Head Manu Kumar Jain to a world position as its Vice President.
"Manu, congratulations from your entire Xiaomi household in your promotion to Vice President of Xiaomi!," Xiaomi mentioned in a Fb put up.
Underneath Jain's management, Xiaomi's operations in India expanded from a small workforce into the second largest smartphone vendor within the nation with 10.7 % market share, the put up added.
Aside from being the VP of the corporate, Jain can even be Managing Director, Xiaomi India.
Trade watchers mentioned Jain's elevation signifies the significance of the Indian market, which is among the quickest rising one globally. Xiaomi crossed the USD 1 billion income mark in India final 12 months.
Lately, Xiaomi's Vice President Hugo Barra had put in his papers to return to the Silicon Valley and lead Fb's virtual-reality efforts, together with the Oculus VR.
Barra was thought of because the face of the corporate and his exit was seen as an enormous blow to the Xiaomi's worldwide ambitions.