Realme India CEO Madhav Sheth Announces Departure After Five Years of Success

Realme India, one of the country’s leading smartphone brands, bids farewell to its esteemed CEO, Madhav Sheth, as he embarks on a new chapter in his professional journey. After five transformative years at the helm, Sheth leaves behind a legacy of innovation, growth, and a strong commitment to the Indian market.

Madhav Sheth Journey in Realme India

Under Sheth’s leadership, realme India achieved numerous milestones that propelled the brand to new heights. The company successfully launched its first-ever smartphone at a university event, engaging directly with the youth and establishing a connection that would shape the brand’s identity. Furthermore, realme experienced exceptional growth, becoming the fastest-growing smartphone brand in India, with an impressive 50 million product sales.

Building on its success, realme soon claimed the position of India’s second-largest smartphone brand, an achievement that solidified its presence in the highly competitive market. Beyond market share, the brand also focused on providing quality smartphones to its customers, ultimately becoming the number one quality smartphone brand in India.

During Sheth’s tenure, realme expanded its retail footprint across the country, establishing exclusive flagship stores and emphasizing its commitment to the “Make in India” initiative. Additionally, the brand played a significant role in popularizing the adoption of 5G-enabled smartphones, paving the way for a technologically advanced and future-ready India.

Expressing his gratitude, Sheth acknowledges the unwavering support of realme’s fans, teams, partners, and the wider community. He recognizes their contributions and believes that their collective efforts were instrumental in realizing the brand’s success. Although stepping down from his role, Sheth remains a strong supporter and strategic advisor to realme, offering guidance on global product observations, market insights, and operating suggestions.

Sheth also reveals his decision to contribute to India’s export business, aligning himself with the government’s vision of enhancing Indian exports. With the support of Sky Li, the government, and realme, he intends to leverage his experience and expertise to foster growth in this crucial sector.

As Sheth bids farewell to realme, he carries with him a treasure trove of memories, cherished friendships, and a profound sense of accomplishment. His contributions have been indelible, and his impact on the brand’s success is immeasurable. Sheth affirms that realme will forever be a part of who he is, and he will continue to cheer for the brand from the sidelines.

Looking ahead, realme India will now be overseen by Sky Li, who will assume the responsibilities of leading the market. With a focus on product development, consumer experiences, and pushing technological boundaries, realme India is poised to continue its growth trajectory and captivate fans and consumers with exciting new offerings.

Final Goodbye from Madhav Sheth

In a heartfelt tweet, departing Realme India CEO, Sky Li, expressed his bittersweet emotions about bidding farewell. He acknowledged that goodbyes can be disheartening but remained optimistic, emphasizing that the world is small and their paths may cross again in the future. Li conveyed a sense of hope, looking forward to the opportunity of building a better and bigger version of himself. His words reflect a deep gratitude for the experiences shared and the possibilities that lie ahead, leaving room for anticipation and excitement for what the future may hold.

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