Xiaomi India President Muralikrishnan B to Step Down at the End of 2024

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[{"selector":"#anim-24a3b012-62bb-4d56-a50d-2c4da714e8de","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ce3af51d-38cf-46c9-b84a-b8ce80b3ed56","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Muralikrishnan B’s Next Chapter: – Stepping down to pursue academic research. – Focus on an Executive Doctorate in Management, specializing in "Consumer Behaviour on Technology Platforms." – Joined Xiaomi in 2018, promoted to President in 2022.

[{"selector":"#anim-36146807-906b-4968-8bb9-1079239be861","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-45a97331-182f-4a8e-b4f2-657e27e8108d","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Murali’s Contributions to Xiaomi India: – Played a pivotal role in strengthening Xiaomi’s brand in India. – Praised for connecting millions of Indians with innovative tech products. – Acknowledged Xiaomi's supportive environment and core values during his tenure.

[{"selector":"#anim-2fd9095c-82c9-44ad-8570-0e6284935e95","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b160b9da-065c-4083-a5cf-bd39a1c185cc","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Leadership Transition at Xiaomi India: – Sudhin Mathur to continue as COO with over 30 years of experience. – Senior leadership team includes Sameer Rao (CFO), Varun Madan (CPO), and Anuj Sharma (CMO). – Focus on product ecosystem expansion and maintaining market leadership.

[{"selector":"#anim-b6c5e090-a818-41c4-ae5a-a6c7bce64eef","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-230d7d17-50dd-433e-94c4-252c577b8a8e","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] – Q3 2024 saw a 3% increase in shipments and a 12% surge in market value. – Xiaomi holds the second position in market share with a 3% YoY growth. – Strong focus on 5G smartphones, which represent 81% of total shipments, especially in the Rs. 10,001-Rs. 15,000 segment.