• Xiaomi CEO Lei Jun speaks during a product launch on May 15, 2014 in Beijing, China.

Xiaomi CEO Lei Jun speaks during a product launch on May 15, 2014 in Beijing, China. (Photo : GettyImages/VCG)

Xiaomi is almost ready to complete its second year of operation in India. To celebrate this occasion, the company has decided to sell a number of products at prices as low as one Indian rupee, which is approximately equivalent to 0.01 USD.

The Chinese giant, Xiaomi, is planning to host flash sales, price drops and giveaways as a part of multiple offers to celebrate its two year anniversary in India, according to Deccan Chronicle. The Mi fans can enjoy the sale between July 20, Wednesday and June 22, Friday.

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People residing in the subcontinent and those who specially look for Mi smartphones can reap the benefits of the existing offers as the company sells over 10 smartphones and more than 100 accessories in price as low as $0.01. That is, people have the opportunity to grab their favorite Xiaomi Mi smartphone in just Rupee one.

To participate in Xiaomi flash sale, Mi fans will have to visit the company's official website. In addition, they will have to share the promotion sale on their Facebook profile. On July 20, Xiaomi is planning to offer ten Mi 5 smartphones and a hundred 20,000 mAh Mi Power Banks. On the other hand, it will offer hundred Mi Band (White LED) and ten Redmi Note 3 on July 21. Users also have the opportunity to grab hundred Mi Bluetooth Speakers and ten Mi Max on July 22.

Apart from the flash sale products mentioned above, the company is offering a free Mi In-Ear Headphones Pro Gold on the purchase of a Mi 5 Gold. Other freebies include a free LED Light Enhanced or a USB fan with purchase of a 20,000 mAh Power Bank and a free USB fan and USB cable with purchase of Mi 4i

The "Apple of China" is also giving away Mi Cash coupons to the users who play Pair 2 Win game between July 14 and 19. The winners can purchase Mi accessories using these coupons. One of the lucky user who purchases from Mi Store app would win a Mi TV.

Xiaomi entered the Indian smartphone industry with the launch of Mi 3. The phone received a huge response and since then there has been no looking back. The company quickly grabbed a great market share and also launched a separate Mi community in India.

The following video explains the tips to make a successful Xiaomi purchase during flash sale: