Xiaomi’s Ex-India head Manu Kumar Jain quits Chinese smartphone firm
Chinese smartphone maker Xiaomi’s global vice president and former India head Manu Kumar Jain on Monday announced his resignation after about nine years with the company.
The development comes amid ongoing legal disputes between the Enforcement Directorate and Xiaomi over the company’s alleged violations of the Foreign Exchange Management Act (FEMA).
”Change is the only constant in life! I have been blessed with so much love over the past 9 years that this goodbye is so hard. Thank you all. ”The end of a journey also means the beginning of a new one, full of exciting opportunities. Cheers to a new adventure!” Jain said in a tweet. Jain spearheaded the launch of Xiaomi in India in 2014.
”After nine years, I am leaving the Xiaomi group. I believe now is the right time because we have strong leadership teams around the world. I wish the Xiaomi teams around the world all the best and hope they achieve even more success,” said Jain.
