Xiaomi announces leadership changes amid investigations in India — Alvin Tse will lead the Indian team
- Xiaomi has announced two new additions to its leadership team.
Alvin Tsehas been appointed as the general manager of Xiaomi India. Anuj Sharmawill rejoin the company as the chief marketing officer.
AdvertisementXiaomi India has been under the Indian government’s scanner for quite some time now. Amid this turmoil, the company has been missing a leader as Manu Kumar Jain, the company’s former India head stepped down a while ago.
Manu Kumar Jain, who was summoned by the Enforcement Directorate (ED) earlier this year had moved on from his role as the managing director of Xiaomi India after serving for seven years and is currently serving as the global vice president for Xiaomi.
Xiaomi India finally gets a full-time leader
Since Jain stepped down, the company has been working under the trio of Muralikrishnan B, the chief operating officer, Raghu Reddy, chief business officer and Sameer BS Rao, chief financial officer.
Xiaomi India has now finally announced a full-time leader. Alvin Tse, who is a founding member of Xiaomi Global and the former general manager of Xiaomi Indonesia will take up the role of general manager at Xiaomi India.
Alvin Tse is a British national who graduated from Stanford University. He has been serving as the general manager of Xiaomi Indonesia since October 2019.
Tse isn’t the only addition to Xiaomi’s leadership. Anuj Sharma, the former chief marketing officer of Xiaomi and the current country director for Poco India will rejoin the company as its chief marketing officer (CMO).
Poco is expected to soon announce a new director to replace Sharma.
Sunil Baby, who was the company’s director of offline sales operations also resigned earlier this year.
Xiaomi is under investigation by IT department and ED
Xiaomi has been under the scanner of Indian agencies for quite some time now for alleged tax evasion and Foreign Exchange Management Act (FEMA) violations.
The ED had ordered the seizure of ₹5,551.27 crore from Xiaomi India, but the order has been put on stay by the Karnataka High Court. Xiaomi had claimed that out of ₹5,551.27 crore, 84% was remitted to Qualcomm as royalty payments.
AdvertisementAccording to a Reuters report, the IT department froze $478 million (approx. ₹3,696 crore) over allegations of tax evasion. This was reportedly a result of the raids conducted by the IT department on the offices of Xiaomi, OnePlus, Oppo and a few other companies in December 2021.
Xiaomi and Leica partner for a flagship device, Xiaomi 12 Ultra expected to launch in July
EXCLUSIVE: 84% of the ₹5,551.27 crore of the alleged illegal remittance by Xiaomi India were to the Qualcomm Group
Karnataka High Court allows Xiaomi to take overdraft for payments, restricts royalty payment
Popular on BI
- Climate crisis: Net zero goal still alive, says IEA
- Aus vs Pak, Ind vs Eng – Checkout warm-up games before World Cup 2023
- Housing sales up 36% in Jul-Sep in top 7 cities: Anarock
- Housing sales up 36 pc in Jul-Sep in top 7 cities to record 1,20,280 units: Anarock
- Travel agents body calls for abolishing TCS ahead of its implementation from Oct 1