Xiaomi pledges Rs 100 crore to foster retail entrepreneurship in India
The smartphone major is currently bolstering its offline presence in India
Recently, Xiaomi announced its ‘Grow with Mi’ initiative to help retail partners set up and run Mi Stores
It is said to create employment opportunities for over 10,000 Indians
It will train budding entrepreneurs from different backgrounds
Xiaomi currently has over 15,000 retail touchpoints in India
Aims to double it to over 30,000 for deeper penetration into India’s rural markets