Xiaomi will open 5,000 stores in india in one year

Xiaomi is one of the most important brands on the market in India. The Chinese brand sells well in this market, where it is growing at a fast pace. Therefore, they want to maintain this position in the market. Something they plan to do through stores in the country. There are already several stores, but the firm plans to have many more, as it is expected or intends to open 5, 000 stores in a year.

Xiaomi will open 5, 000 stores in India in one year

The president of the Chinese brand in India has said it. This undoubtedly makes it clear that the brand is strongly committed to this market, where they see a lot of growth potential.

India is the market of interest

Store sales are essential to the company's strategy. According to what has been known, about two thirds of the same come from sales in stores. Something that certainly makes it important to maintain a good presence in this regard. So they hope to open a lot of stores, especially in a very dense and populated market like India.

So it is not surprising that Xiaomi is putting a lot of effort into its presence with stores in the country, seeing that the majority of sales originate from a store. Although plans to open 5, 000 may be excessive.

It remains to be seen if they finally manage to open all these stores in India. Since it is a major challenge, we also do not know what state these plans are in. Although surely many stores are already being developed.

ITHome Font