Xiaomi: Xiaomi appoints new head of India in place of Jain – Times of India

New Delhi: At a time when it is facing multiple government investigations for financial irregularities and other suspicious transactions, the Chinese phone major Xiaomi Has replaced Manu Kumar, former MD of India Jain The company rediscovers itself in a country that is the largest outside China, as part of a larger organizational rejig with a Hong Kong-born executive.
New India Head alvin tse, who holds the position of India’s general manager against Jain’s post of India MD, holds a British passport, and has previous experience working in Beijing for Xiaomi and other brands. Tse is a member of Xiaomi’s global founding team and a former GM of Xiaomi Indonesia. Jain has been the face of Xiaomi in India since it began operating the brand in 2014, but has been under regulatory scrutiny of late due to increased investigative activities around the operations. Xiaomi has been accused of a variety of financial irregularities, which led to raids by the IT department, as well as the removal of certain apps, as it was suspected that its phones were secretly sending data of Indian users to China. Were.

Jain is understood to have shifted his base to Dubai as the company’s ‘Global VP’, but the movement for the corporate honor, the most active on social media platforms with the company, was done in a quiet manner. Announcements and personal posts. Jain – who is understood to have been questioned by the ED recently – made a reference to his current job profile and location in a Twitter post on Friday, where he placed the press release surrounding the organizational reshuffle. . “Many of you have asked me about my current role. Hope this clarifies. I moved abroad a year ago to take on a global role within the group. Exciting new journey.
Congratulations to Alvin,” he said. Sources say that the investigative heat in India had put pressure on Xiaomi’s senior leadership. It was facing questions on a number of allegations, such as why its operations were at a loss, yet its revenues grew rapidly.
“After seven years in India, last year Manu Kumar Jain transitioned to a global role as Group VP and is currently responsible for International Strategy including International Marketing and PR. Since Jain’s transition, Xiaomi India leadership team, ie Muralikrishnan BChief Operating Officer, Raghu Reddy, Chief Business Officer, and Sameer BS Rao, CFO, are independently leading the India business and will continue to be a strong driving force behind the brand,” the company said in a statement.