It was in recent time, which Xiaomi was officially crowned as the numero uno in the Indian smartphone market. Basking over the success story of mobile phone sales, the Chinese giant is setting its feet ready for further expansion in the Indian market. As envisaged by the company, they are planning to foray into a wide array of operations, such as non banking financial companies, payment banks, leasing and financing, as well as other payment gateways. The selling of electronic vehicles, laptops etc. are other top priorities for Xiaomi in the Indian market.
Reportedly, the Chinese brand has made a regulatory filing in India in line with its expansion plans.
Xiaomi plans for expansion in India
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