On June 11th, Gizcoupon reported that according to a report from the Indian media outlet Economic Times, Honor is assembling a marketing team in India with plans to re-enter the Indian smartphone market in July.
The report suggests that Honor is actively engaging with executives from realme and Xiaomi in India. Furthermore, the most sensational news reveals that it has approached Madhav Sheth, the CEO of realme, hoping that he will be the CEO of Honor India.
Madhav Sheth currently holds the position of Vice President at realme and Vice President of realme’s international business. In response to these reports, he stated, “This is merely speculative.”
Citing the aforementioned media report, Gizcoupon reveals that Madhav Sheth is in discussions with Sky Li, CEO and founder of realme. Still, it remains unclear whether he will join the Honor team.
With his remarkable capabilities, Madhav Sheth has led realme to establish a prominent presence in India, making it a widely recognized smartphone brand across the country.
As July approaches, all eyes will be on Honor to see how it positions itself and whether it can successfully regain its market share in India. While Madhav Sheth’s involvement in this endeavor remains uncertain, his potential addition to the Honor team could significantly bolster the brand’s prospects in the Indian smartphone market.
