New Delhi: In a major boost to PM Narendra Modi’s ambitious Make in India campaign, China mobile handset maker, Xiaomi, is planning to set up two manufacturing plants in India this year. Also, the company is planning to launch more devices this year apart from the recently launched -- Redmi Note 3 and Mi 5.
Bin Lin, the Co-Founder and President of Xiaomi, who is already in India, said that he will be spending a lot more time here, highlighting the country’s importance among challenges in its biggest market, China.
Xiaomi is also looking forward to widen its product range and manufacturing accessories and mobile components in India. “We’ve already started working on bringing some of those local sourcing suppliers to India,” Lin told a leading daily.
Bin Lin said that the company will launch more devices in India this year with possibilities of launching new product categories.
The India plan includes manufacturing of handset peripherals and components, he said.
Xiaomi started 2016 with an impressive launch of Redmi Note 3 earlier this month. The company now plans to launch the flagship smartphone - Xiaomi Mi 5 next month.
Xiaomi entered India in July 2014, and started local manufacturing just after a year. It has also partnered with Foxconn, world's largest contract manufacturer, which now makes 75% of the company's phones at its plant in Andhra Pradesh.
Xiaomi claims that it sells over 1 million phones a quarter.