Tuesday July 23, 2019
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Xiaomi Focusing on Rural Retail in India

But the eight-year-old company wants to be recognised not as just another smartphone company and it began working towards this mission in 2014

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Xiaomi
Xiaomi.

Chinese electronics major Xiaomi, which is focusing on amplifying its product portfolio beyond smartphones, is all set to launch on Tuesday a new business which, according to the company, will “change rural retail in India”.

“Excited about a new business that we are launching. We’ll announce it tomorrow,” Manu Kumar Jain, Vice President, Xiaomi Global and Managing Director, Xiaomi India, revealed in a tweet on Monday.

“This new business will forever change rural retail in India,” he stressed.

Started with the online-only strategy, Xiaomi is fast expanding its presence in offline retail as well.

In September, the company launched its fourth flagship “Mi Home” experience store in the country, in Bengaluru, along with a new office.

“With the launch of a new ‘Mi Home’ experience store, we aim to bring maximum international products to the Indian markets,” Jain said at the time of the launch.

The complaint alleged that Xiaomi had used the patents without any license from Yulong.
Started with the online-only strategy, Xiaomi is fast expanding its presence in offline retail as well, wikimedia commons

With the purpose of strengthening its offline network further, Xiaomi said in September it wanted to open 100 “Mi Home” stores in 2018 itself.

Known for its low-cost phones, the company shipped 11.7 million units and became the top brand in the Indian market with 27.3 per cent share in the third quarter this year, with Samsung at second spot, according to an International Data Corporation (IDC) report last week.

The company grew to a new high on the back of its successful Redmi 5A and Redmi Note 5 Pro series and refreshed Redmi 6/A/Pro portfolio, said the report.

Also Read- Apple Makes a Deal with Amazon, Which is Win-Win Game For Both

But the eight-year-old company wants to be recognised not as just another smartphone company and it began working towards this mission in 2014.

Along with its products in the smart home portfolio, its is also venturing into non-technology related segments like luggage, shoes, apparel and more. (IANS)

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Ayodhya to have World’s Tallest Lord Rama Statue

Adityanath has said that a plan should be prepared for overall development of Ayodhya, too

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lord rama statue
Lord Ram's Ayodhya statue to be world's tallest. Wikimedia Commons

The proposed statue of Lord Ram in Ayodhya will now get taller, in fact it will be the tallest in the country. Uttar Pradesh Chief Minister Yogi Adittyanath said the statue would be 251 metres tall and would be installed on an 100 acre site.

This was decided at a meeting held in Lucknow late on Monday. The Sardar Patel statue in Gujarat is 183 metres tall. An Memorandum of Understanding (MoU) will be signed with the Gujarat government for technical assistance.

Adityanath has said that a plan should be prepared for overall development of Ayodhya, too. “There should be arrangements for basic tourist facilities along with the digital museum, interpretation centre, library, parking, food plaza, landscaping based on the theme of Lord Shri Ram,” he stated.

lord rama statue
Adityanath has said that a plan should be prepared for overall development of Ayodhya, too. Flickr

It was also decided that trust under the chairmanship of the Chief Minister will be constituted. A separate unit of State Manufacturing Corporation will be set up for the purpose of this project, structure, bidding operation and construction work.

ALSO READ: L&T-Built, Statue of Unity Enters 2019 World Architecture News Awards

For the site survey of the project, environmental assessment and feasibility study, assistance will be sought from IIT Kanpur and Nagpur-based NEERI (National Environmental Engineering Research Institute), a constituent laboratory of CSIR.

The 251-metre Lord Ram statue will be the world’s tallest. The Statue of Liberty in New York is 93 metres, Dr BR Ambedkar’s statue in Mumbai is 137.2 metres, Sardar Vallabhbhai Patel’s in Gujarat is 183 meters, Gautam Buddha’s statue in China is 208 meters and Chhatrapati Shivaji Maharaj’s statue in Mumbai is 212 meters. (IANS)