iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Xiaomi India’s GM of Marketing Sumit Sonal steps down

18 Jan 2023 , 10:08 AM

Sumit Sonal, Xiaomi India’s General Manager of Marketing, has resigned. He was in charge of marketing for Xiaomi and its sub-brand Redmi for Smartphones, Smart TVs, Laptops & Tablets, AIoT, Music, and Health & Fitness.

In a LinkedIn post, Sonal stated, ‘It’s time for me to move on to new adventures, challenges, and opportunities.’

Sonal joined Xiaomi India in 2017 and quickly became a recognizable face at the company’s launch events.

The news comes amid a wave of departures from the company. After the enforcement directorate charged the company with FEMA violations, Xiaomi India Chief Business Officer Raghu Reddy resigned in December 2022, while the company’s previous president, Manu Kumar Jain, relocated to Dubai and took on a global role in the company.

The company’s market share is also decreasing. Xiaomi India maintained its lead in the third quarter of 2022, but its market share fell 2% year on year to 21%, despite rivals closing in.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • Senior Level executive
  • Sumit Sonal
  • Xiaomi India
  • Xiaomi India GM
  • Xiaomi News
  • Xiaomi Resignation
  • Xiaomi Updates
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

SBI Card Q4 Profit Slips 20%
25 Apr 2025|11:17 PM
HUL Q4 Net Profit Rises to ₹2,493 Crore
25 Apr 2025|10:59 PM
Sensex and Nifty in Red on April 25, 2025
25 Apr 2025|02:08 PM
Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.