Xiaomi and Huawei, two leading Chinese smart-phone companies, are poised to stir up the Indian retail market by establishing exclusive outlets in new formats that will be a global first for them. Xiaomi, for instance, is setting up thousands of Mi Stores in rural locations across the country. This will generate more than 5,000 jobs in such areas. Huawei, the world’s second largest smartphone maker after Samsung as per US-based researcher IDC, will set up 100 large franchise-owned exclusive stores in Indian cities for its Honor handsets. Signage players with the knack of in-store signage and display projects will gain a fresh business opportunity with this new retail outlet expansion plan of Xiaomi and Huawei.
