Growth in Indian smartphone segment to continue, says Xiaomi
NEW DELHI: Chinese tech major Xiaomi on Wednesday said it expects Indian smartphone market to continue its growth trajectory even amid concerns of slowdown in other sectors like auto.
“We hear about all that (slowdown) at a macro level. We rely on third-party data to assess where the market is heading and that shows there has been growth in the first half of the year, the market has not de-grown and isn’t stagnant. We expect growth to continue in the segment,” Xiaomi India Head of Categories and Online Sales Raghu Reddy said.
He was responding to a query on whether smartphone market could see a slowdown like other sectors such as auto.