India is the second-largest smartphone market in the world, and even though it's still nowhere close to China, its growth-rate is promising. Many smartphone manufacturing companies had started selling their smartphone in India in the last couple of years, and many of them are doing really well in the country. Xiaomi is certainly a great example, China is still Xiaomi's main market, but their results in India are really great, and the company just confirmed that by releasing some official sales numbers, read on.
Xiaomi India has announced via their official Facebook page that they've managed to sell over 2 million smartphones in India in the third quarter of this year, which are great results for Xiaomi. This means that the company had sold over 150% more smartphones in Q3 this year, compared to the same period last year. The company's more affordable smartphones are selling like crazy in India, as the company had managed to sell 1 million Redmi 3s and Redmi 3s Prime smartphones in India in only 3 months. Now, in order to celebrate the company's great success. Xiaomi India is offering you a chance to win a dinner with the Head of Xiaomi India, Manu Kumar Jain. Those of you who are interested, can find more information in the source link down below.
Now, the company actually managed to sell over 2.3 million Redmi Note 3 handsets in India until September, and it seems like the company is still selling a lot of devices in India through Amazon, Flipkart and Snapdeal, so their Q4 2016 results are also expected to be great, but we'll see what happens. Xiaomi did introduce some high-end devices recently, the Xiaomi Mi Note 2 and Mi MIX, though they don't plan to bring the latter to India at all, and the company's more affordable devices from the 'Redmi' line of smartphones are doing much better in India compared to some of their higher-end offerings, which is completely understandable and expected actually. According to the latest info from IDC, Xiaomi is currently holding a 7.4% market share in India, at least that was the case in Q3 this year, so it remains to be seen if the company will be able to increase that percentage by the end of 2016.