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  • DAILY CURRENT AFFAIRS:Muralikrishnan now takes over as the President of Xiaomi India

Muralikrishnan now takes over as the President of Xiaomi India

Tags: Person in news

On 15 July 2022, Chinese smartphone company Xiaomi has promoted its Chief Operating Officer Muralikrishnan B to head its India business.

Muralikrishnan will take over as the President of Xiaomi India from August 1.

  • As the President of Xiaomi India, Muralikrishnan B will be responsible for the day-to-day operations.

  • Apart from this, he will also look after services, public affairs and strategic projects.

  • He will continue to work towards strengthening the company's commitments to Make in India and Digital India initiatives.

  • It is noteworthy that Muralikrishnan was working as the Chief Operating Officer of the company since the year 2018.

Xiaomi India:

  • Xiaomi India is a subsidiary of the Chinese based Xiaomi Group. It came to India in the year 2014. In the same year, the company launched its first phone MI-3 in India.

  • This company launched phones with more features at a lower price in India. This increased competition in the Indian market and the business of the Indian mobile companies that were there gradually started shrinking.

  • Xiaomi has become one of the biggest smartphone brands in India. Xiaomi is currently the market leader in the country's smartphone market.

  • At the same time, its other devices like TVs and fitness bands are also very popular. Even in January-March 2022, Xiaomi has maintained its dominance in the Indian smartphone market.

  • Xiaomi India, which sells mobile phones in India under the brand names of Mi, Redmi and Poco, has been in a lot of controversies.

  • Arunachal Pradesh went missing from Xiaomi's Weather app in October 2020.

  • Even after the Galwan violence, there was a boycott Xiaomi trend.

  • In January this year, Xiaomi was accused of import duty evasion of Rs 653 crore. After this, the ED started investigation related to illegal remittances in February. It was alleged that the company was sending money from India to China under the guise of royalty.

  • This money was being sent to companies from which Xiaomi did not take any service.

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