Insta
Xiaomi Mi Max 2 during its launch on July 18, 2017 in New Delhi (Saumya Khandelwal/Hindustan Times via Getty Images)
Smartphone kingpin from China, Xiaomi, announced on Tuesday (19 March) a new manufacturing unit in Chennai, Tamil Nadu. This would be Xiaomi’s seventh plant in India and is said to have an area spreading over one million square feet, partnering with electronics manufacturing company Flex.
Xiaomi’s production capacity in India has shot-up from two phones per second to three phones with this plant, as reported by New Indian Express.
“95 per cent of Xiaomi’s phones are made in India, with 65 per cent of a phone’s value sourced locally, Xiaomi is working towards bridging the 5 per cent gap in local manufacturing and will soon domestically produce 99 per cent of the phones it sells in India” said Manu Kumar Jain, managing director, Xiaomi India.
Furthermore, Xiaomi is officially making its entry in the Indian digital payment market by launching its UPI-based payment system, Mi-Pay. Users can make payments to other Mi-Pay users or through UPI ID and bank accounts (also through debit card and credit card) as well.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest