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China’s smartphone maker Realme has achieved a 7 percent stake in the Indian market in the first quarter of 2019. The company has set a target of selling 1.5 million handsets by the end of the year. The Chief Executive Officer of the company’s Indian business this Monday gave this information. The online-focused device maker had entered the market from 2018 and joined the top five smartphone companies with an 8% market share in the fourth quarter of 2018.

Madhav Seth, Chief Executive Officer, Realme India said, “We have targeted to sell at least 1.5 million smartphones this year and I have full confidence in achieving this goal.” The handset manufacturer will open 8 exclusive stores in the metros by the end of the year and the first store of this type will open in July.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Thank you guys for all the support, <br>we are still inwarding more stocks of Rm3pro and shall be live again for you at 4pm today. <br>Just to ensure everyone wanting to have hands-on this great device don't miss a chance.</p>— Madhav Sheth (@MadhavSheth1) <a href="">April 29, 2019</a></blockquote><script async src="" charset="utf-8"></script>
However, the company says that its focus is also on small and medium cities. Seth said, “We are also concentrating on Nagpur, Nashik, and Pune. We are also preparing to play pop-up stores in the North East. ‘ The company aims to open 50 exclusive stores and six exclusive stores this year.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">It's a new record! 1,70,000+ units sold in 8 mins! For those who missed it, get ready for the next sale of <a href="">#realme3Pro</a> at 4 PM today. <a href="">#SpeedAwakens</a> <a href=""></a></p>— realme (@realmemobiles) <a href="">April 29, 2019</a></blockquote><script async src="" charset="utf-8"></script>
Let us tell you that Realme has launched two new smartphones last week. Real-time C2 Smartphone has been launched with entry-level subscribers in mind, while the Reality 3 Pro smartphone has been introduced in a budget of less than Rs 15,000. This smartphone is in direct competition with the Redmi Note 7 Pro smartphone in the Indian market.

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