Hindustan Times (Ranchi)

Xiaomi India names Alvin Tse new head

- Reuters feedback@livemint.com

BENGALURU: The Indian unit of Chinese smartphone maker Xiaomi Corp has appointed founding member Alvin Tse as its general manager, it said on Friday. This is a change of guard as the company faces government scrutiny over its business practices.

Tse, a British national who was also the former general manager of Xiaomi Indonesia, has helped the company expand into many global markets, Xiaomi India said in a tweet.

Tse is an Stanford University alumnus.

The organisati­onal rejig will also have Anuj Sharma rejoin the company as the chief marketing officer.

Sharma was with Xiaomi between September 2018 to 2020 and then moved to POCO, a sub brand of Xiaomi.

“In his role, Anuj Sharma will spearhead the advancemen­t and execution of the overall brand and marketing strategy. He will play an instrument­al role in bolstering Xiaomi’s connect with consumers across the nation,” Xiaomi said.

The developmen­t comes nearly two months after India’s federal financial-crime fighting agency summoned former Xiaomi India head Manu Kumar Jain in an investigat­ion on whether the company’s business practices conformed with Indian foreign exchange laws, two people aware of the developmen­t had told Reuters.

The Enforcemen­t Directorat­e also seized $725 million from the company’s local bank accounts after a probe found that the smartphone maker had made illegal remittance­s to foreign entities by passing them off as royalty payments.

However, an Indian court has put the agency’s decision to seize the amount on hold following a legal challenge by Xiaomi.

In India, Xiaomi has seen its share of the domestic smartphone market surge to 24% in 2021 from 6% in 2016, making it the market leader, according to Counterpoi­nt Research.

ORGANISATI­ONAL REVAMP WILL ALSO HAVE ANUJ SHARMA REJOIN THE COMPANY AS CHIEF MARKETING OFFICER

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