
Deepak Nakra stunned the smartphone market by stepping down as sales head for brick-and-mortar trade of Xiaomi India to join a rival bastion of Realme India as Director Sales. The move was confirmed by Nakra's LinkedIn profile page. Deepak Nakra's move to Xiaomi's rival solidifies Realme's place in the Indian market. The Oppo's sub-brand is constantly gaining market share in the Indian market. With smartphones like Realme 3 Pro and Realme C2, the Chinese major is giving sleepless night to rivals like Samsung and Xiaomi.
Realme is planning to establish its company owned offline stores in India through foreign direct investment (FDI) in single brand retail via the automatic route. Nakra is expected to head that front, as per The Economic Times. At present, Vivo and Xiaomi are the two smartphone makers who have taken ownership of their retail operations in the country under retail FDI.