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China's Xiaomi adds manufacturing muscle in India to boost phone production

Reuters2021-02-25

BENGALURU, Feb 25 (Reuters) - China's Xiaomi Corp is enlisting more contract manufacturers to make its phones in India, adding heft in a country where it is already one of the biggest smartphone brands.

China's BYD and DBG will be the company's new suppliers in India, Manu Jain, managing director of Xiaomi's India operations, said at a press conference on Thursday.

Xiaomi has been manufacturing phones in India for over half a decade and has rapidly grown in the highly competitive market where voice calling and data costs are one of the lowest in the world.

"Now 99% of our smartphones and 100% of our smart TVs are manufactured in India and the majority of the components for smartphones will be locally manufactured or sourced from India," the company said.

The company remained India's top smartphone seller in 2020, with a 26% market share, data from research firm Counterpoint showed.

Its latest expansion plans come at a time when Chinese firms have come under scrutiny as a result of growing tensions between New Delhi and Beijing that began with a border clash last year.

Xiaomi said DBG has set up a smartphone manufacturing plant in the northern Indian state of Haryana, while BYD is setting up a plant in Tamil Nadu in south India.

The company has also opened a new factory in the southern state of Telangana to make televisions, Jain said, adding that all televisions sold in India would be made or assembled locally.

Xiaomi also makes phones at plants in India run by contract manufacturers Foxconn Technology Co and Flex Ltd.

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Comment154

  • STAN13
    ·2021-02-26
    ???
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    • Joanne1135
      ??..................
      2021-02-26
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  • Kimmy23
    ·2021-02-26
    XM IoT is great but I am not sure why it’s stock value keeps dropping. Hopefully it can rebound back after Covid. ;) 
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  • LeonYeo
    ·2021-02-26
    Nice 
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  • FFX
    ·2021-02-26
    JIT
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  • Check7mate7
    ·2021-02-26
    Gd news
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    • Kennyboy
      yeah
      2021-02-26
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    • Huathk
      Gd
      2021-11-26
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  • PigsCanFly
    ·2021-02-26
    [強] 
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  • EugeneLimYC
    ·2021-02-26
    Yes
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  • Bryantjx
    ·2021-02-26
    Yes
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  • WSB163
    ·2021-02-26
    Good news to xiaomi?
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  • WSB163
    ·2021-02-26
    ?
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  • 新運股
    ·2021-02-26
    Xiaomi!
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    • 新運股
      我喜欢!
      2021-02-26
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  • Jojofi
    ·2021-02-26
    Smart!
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    • Jojofi
      Thanks
      2021-02-27
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    • WeiKeong
      Smart
      2021-02-27
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  • Josca
    ·2021-02-26
    ??
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  • Swifty
    ·2021-02-26
    Help to comment pls ?
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    • Kingkong1234
      Done
      2021-02-26
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    • BuyX3
      Giod
      2021-02-26
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  • hoa
    ·2021-02-26
    Just bought xiaomi yesterday, good news!
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    • cutemiao
      Great, will also buy
      2021-02-26
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  • FT585
    ·2021-02-26
    Please help to like and comment ? 
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    • Swifty
      ??
      2021-02-26
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  • yangtan
    ·2021-02-26
    Xiaomi 
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  • bullrun
    ·2021-02-26
    Interesting in view of the political tension
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  • yewteer
    ·2021-02-26
    MI = Made in India.
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  • hweeping
    ·2021-02-26
    Pls comment
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    • Csng
      Nice
      2021-03-04
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    • Csng
      Nice
      2021-03-02
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    • Csng
      Nice
      2021-02-27
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    View more 2 comments
 
 
 
 

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