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Xiaomi Continues to Lead Wearables Market in India

The newly launched Mi band 3 became the most shipped wearable product ever in the history of wearables in India, according to IDC

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Xiaomi
Xiaomi.

Riding on the success of its Mi Band 3 fitness tracker, Xiaomi has maintained its leadership in the country’s wearables market with a 41 per cent market share in the third quarter of this year, the International Data Corp (IDC) said on Thursday.

GOQii continues to hold the second position with a healthy 47 per cent year-over-year growth and 19 per cent market share in Q3 in 2018, showed the report.

Xiaomi and GOQii are followed by Titan, Samsung and Fossil in terms of market share.

The overall wearables shipments declined 11 per cent from the previous quarter largely because of the double-digit decline in the basic wearables, showed data from IDC’s “Quarterly Wearables Tracker”.

“It is too early to say that the India wearables market has started moving towards the smart wearables,” said Jaipal Singh, Associate Research Manager, Client Devices, IDC India.

“However, vendors have started analysing the big pricing gaps between the basic and smart wearables,” Singh said.

The complaint alleged that Xiaomi had used the patents without any license from Yulong.
Xiaomi.

The overall India wearables market saw a 17 per cent year-over-year (YoY) growth in the third quarter of the year as vendors shipped a total of 897,000 units in the country, the report said.

The smart wearables, generally defined as wearables which can run third-party applications on its own, saw two successive quarters of double-digit growth and shipped 102,000 units in Q3 2018, making it the first quarter to cross the 100,000 units shipment mark in the country, the report said.

“While vendors need to identify a new pricing sweet spot for smartwatches, the next challenge is to address the positioning of watches which is still seen as a vanity product in India,” Singh said.

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“Also, many vendors haven’t explored the kid segment which can be a volume driver for this category as they are more comfortable with technology and new products,” he added.

Although their shipments witnessed a decline of 20 per cent quarter-over-quarter, Xiaomi saw a healthy growth of 77 per cent in this quarter when compared to the same time a year ago.

The newly launched Mi band 3 became the most shipped wearable product ever in the history of wearables in India, according to IDC. (IANS)

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India’s Leading Designers Come Together for a Fashion Show

Fashion and heritage come together

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Fashion show
India's leading designers came together for a for a fashion extravaganza. Pixabay

Twenty of India’s leading designers came together for a fashion extravaganza at the Capitals Heritage garden- The Sunder nursery. The Fashion Design Council of India (FDCI) organised the fashion presentation as a part of the Inherit Festival. The two day festival , featured almost a 100 exhibitors showcasing the best of Indian craft, design, fashion, lifestyle and heritage tourism.

Fashion show Sunder nusery
The fashion presentation by FDCI took place in the Sunder Nursery. Wikimedia Commons

Designers, showcased four colour categories (white/ivory, earthy, indigo and the sari) at the balmy afternoon with a handloom soiree. Participating designers included AM:PM, Amita Gupta Sustainable, Asha Gautam, Charu Parashar, DHI, Diksha Khanna, Divya Sheth, Elisha Wadhwani, Geisha Designs by Paras & Shalini, Ikai by Ragini Ahuja, Ilk, Mynah’s Reynu Taandon, Nitin Bal Chauhan, Pawan Sachdeva, Payal Jain, Rahul Mishra, Siddhartha Bansal, Suman Nathwani, SVA by Sonam & Paras, TAANI by Tanira Sethi and Urvashi Kaur. The grand finale of sorts was by the iconic duo, David Abraham and Rakesh Thakore of Abraham & Thakore.

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“We are delighted to collaborate with Inherit 2019 that brings to fore the beauty of hand woven wonders and contemporary musings through the visionary palette of our participating designers. FDCI’s show is a tribute to the meeting of several disciplines of design through the medium of arts and crafts that will be exhibited in the two-day festival,” said FDCI Chairman Sunil Sethi. (IANS)