The company’s Chief Operating OfficerMuralikrishnan B will fill Jain’s shoesand lead the offline expansion across India, asET reported over the weekend. Until date, Jain was leading Xiaomi’s expansion to more brick and mortar stores. The company hasgrown to over 2,500 Mi Stores, 75 Mi Homes, and 20 Mi Studios– selling more than 1 million devices offline over the past couple-odd years.
The leadership reshuffle sees Sunil Baby, Xiaomi India’s director for offline sales, reporting to Muralikrishnan. The company’s category and online sales lead Raghu Reddy will continue in his role, with both him and Muralikrishnan reporting to Jain.
The role changes were announced internally last week. Sources close to the development reveal thatJain will continue in his existing roleas Xiaomi India’s managing director. He will, however, focus on the company’s expansion to newer global markets (expected to be Bangladesh, Nepal, and Sri Lanka) and strategic investments in India.
Xiaomi may have started its India journey with smartphones over 5 years ago, but it has since built an IoT ecosystem. It has launched everything from voice-controlled smart TVs and smart lights to water purifiers and more. Now, Jain could possibly divert his focus on disrupting another unexplored product category such assmartwatchesor laptops (one of the most anticipated push from Xiaomi) in India. He would also play a major role in the “Mi” brand revival, which would be interesting to see.