By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Reading: Xiaomi Redmi Note 4 India Sales Target Said to Be 7 Million Units
Share
Aa
Aa
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Search
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Have an existing account? Sign In
Follow US
© 2023 BeFirsTrank News Network
News

Xiaomi Redmi Note 4 India Sales Target Said to Be 7 Million Units

srijita
Last updated: 2017/02/07 at 5:13 PM
By srijita 3 Min Read
Share
SHARE

Xiaomi Redmi Note 4 India Sales Target Said to Be 7 Million Units

The Xiaomi Redmi Note 4 smartphone, the budget stalwart continues to gain in popularity, with the top variant going out of stock within minutes of the sale starting. So reports that Xiaomi has doubled the India sales target for the smartphone compared to the Redmi Note 3, the predecessor of the new model. The Chinese company has set the Redmi Note 4 (Review) sales target for India as 7 million, and is eyeing the spot of the country’s biggest smartphone vendor in the next 3-5 years.

According to a report, Xiaomi was able to sell roughly 3.6 million units of the Redmi Note 3 last year – declaring it to be the bestselling online phone in the country. Manu Jain, Head of Xiaomi India, revealed the details about sales target for the Redmi Note 4 in an interview. Jain talking about where he sees Xiaomi in next few years, “I would want Xiaomi to become number one in overall smartphone sales volume perspective in India in 3-5 years.”
For achieving the set sales target for the Redmi Note 4, Xiaomi needs to increase its manufacturing capacity. Jain detailing on the plans said, “We are looking to open one or two new factories with similar capacities to double or triple our capacities either at Sri City itself or elsewhere in the country with Foxconn.”
Jain reiterated that Indian remains a very important market for Xiaomi outside China. The Chinese company, which entered the Indian market less than two years ago, crossed $1 billion (roughly Rs. 6,800 crores) in revenue in India last year. “We have already invested hundreds of millions dollars in India over last few years and India will remain our first priority outside Mainland China. We will continue to invest hundreds of millions of dollars on manufacturing, warehouses, logistics, call centres and service centres in India,” he added.

Xiaomi’s Redmi Note 4 smartphone, which went on sale last month, received a tremendous response from the Indian market. Xiaomi announced that 250,000 units of the Redmi Note 4 were sold in 10 minutes in the smartphone’s first sale in the country.

Last week, the 2GB RAM variant of the Xiaomi Redmi Note 4 went on sale for the first time. The 2GB RAM with 32GB inbuilt storage model was launched at Rs. 9,999. Along with this model, the other two variants of the Xiaomi smartphone – 3GB RAM + 32GB storage (Rs. 10,999), and 4GB RAM + 64GB storage (Rs. 12,999) – were available for purchase as well. Considering the price point of Redmi Note 4 base variant, it is expected to receive the maximum traction compared to other versions in India.
[“source-ndtv”]

You Might Also Like

Beyond the Map: What Modern Vehicle Tracking Can Do for Your Business

What Should My Video Game Room Have?

From Traditional Payments to Innovative Solutions: How Car Insurance Is Adapting to Modern Needs

Step by Step in Selling Your Car Online

Why Use BMW Km Stopper?

TAGGED: 4, 7, Be, India, Million, Note, Redmi, Said, Sales, Target, to, Units, Xiaomi
srijita February 7, 2017
Share
Previous Article Moto G5, Moto G5 Plus Launch Teased in Countdown Clock on Company Site
Next Article Nubia N1 Variant Launched in India With Twice the Storage, New Colour

Calendar

May 2025
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031  
« Apr    

Latest Trending News

  • Over the Next Ten Years, the Used Car Industry May 8, 2025
  • Beyond the Map: What Modern Vehicle Tracking Can Do for Your Business May 3, 2025
  • What Should My Video Game Room Have? April 28, 2025
  • Personalized advertising fuels growth and drives competitiveness for European businesses April 28, 2025
  • Personalization, AI, and the future of retail April 14, 2025
  • Europe’s New Car Buyers and Selected Sustainability April 8, 2025
  • Motor SRC 500 Review: A Powerful Cruiser April 4, 2025

© 2023 Befirstrank News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?