Xiaomi Global VP Manu Jain quits company

January 30, 2023 18:41

Manu Kumar Jain/Facebook

Chinese smart device maker Xiaomi's global vice president and former head of its Indian arm Manu Kumar Jain announced his resignation on Monday after about nine years stint at the company.

The development comes amidst the ongoing legal tussle between Enforcement Directorate and Xiaomi over alleged Foreign Exchange Management Act violation by the company.

"Change is the only constant in life! Last 9 years, I'm lucky to have received so much love that it makes this goodbye so difficult. Thank you all."

"The end of a journey also marks the beginning of a new one, full of exciting opportunities. Hello to a new adventure!" Jain said in a tweet.

Jain had spearheaded the launch of Xiaomi in India in 2014.

"After nine years, I am moving on from the Xiaomi Group. I feel confident that now is the right time, as we have strong leadership teams across the world. I wish the Xiaomi teams globally all the best and hope they achieve even greater success," Jain said. -- PTI

« Back to LIVE

TOP STORIES

Nepal's Rs 100 note to feature new map with disputed Indian territories

India maintains Lipulekh, Kalapani and Limpiyadhura belong to it.

Cong social media team coordinator held for Amit Shah fake video

Arun Beereddy (37), a native of Telangana's Hyderabad, was arrested from Delhi. He handles the 'Spirit of Congress' account on X, the official said.

IPL 2024: What is going wrong for MI? Here's what Hardik said...

Mumbai Indians skipper Hardik Pandya seemed to be at a loss for words to explain the reasons for his team's disastrous showing in IPL 2024 so far.

IPL PIX: Clinical KKR outclass MI; inch closer to play-offs!

Kolkata Knight Riders outclassed Mumbai Indians by 24 runs in the IPL 2024 match on Friday.

Canadian police arrest 3 suspects in Nijjar murder case: Media report

Three people have been arrested and charged in the killing of Sikh activist Nijjar, CTV News quoted a senior government source as saying.