Xiaomi eyes to set up more plants in India to add capacity
Hyderabad: Xiaomi India, well-liked for its smartphone model, has plans to arrange extra vegetation and add capability to fabricate cellphone and merchandise in different classes.
The corporate at present has three manufacturing vegetation — two for telephones in Sri Metropolis, Andhra Pradesh and one for energy banks in Noida, its Vice-President Manu Jain informed reporters right here.
“We’re undoubtedly exploring. We need to add extra capability. We need to arrange extra vegetation, not only for telephones, even for different classes like Mi-band. There are lots of different classes…,” he mentioned.
From July 2014 to the start of this 12 months, the corporate has invested greater than Rs three,000 crore within the nation, Jain mentioned.
The corporate is making recent investments as extra factories, service centres, R&D centre are being arrange, he mentioned. The funding figures can be recognized by this year-end.
Xiaomi claimed it’s the primary smartphone vendor in India, as per IDC’s newest Quarterly Smartphone Tracker, Q3 2017.
With a market share of 23.5 p.c and having shipped 9.2 million smartphones within the quarter, it has turn into the quickest rising smartphone model in India, the corporate mentioned.
Jain, in the meantime, allayed fears over the safety of the Xiaomi telephones.
“We do not acquire any consumer information. Under no circumstances. We offer some web companies…Which suggests the consumer has to say, sure I need to use them. Even when the buyer opting these companies, the info is shipped to servers, they’re totally encrypted. There is no such thing as a safety threat”.
Xiaomi immediately launched Redmi 5A in Hyderabad.