Manu Jain, Xiaomi Exec Who Established and Grew India Business, Departs

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  • Manu Jain, the executive who helped Xiaomi set up and expand their business in India, has left the company.
  • Jain announced his departure on Monday.
  • He joins a long list of high-profile departures from the local unit.
  • Xiaomi is losing market share to rivals such as Samsung.
  • Jain did not specify why he was leaving the firm.