Xiaomi - Latest News Update, Information, Photos & Videos on Xiaomi at Lokmat Times

'About 99 per cent of the phones sold in India are made in the country. We make three phones per second,' Muralikrishnan B, Chief Operating Officer, Xiaomi India, told reporters here.Xiaomi phones in India are manufactured mainly by Taiwanese giant Foxconn, also known as Hon Hai Precision Industry Co. Ltd.The manufacturing is being done at Xiaomi's two facilities one at the Sri City special economic zone in Andhra Pradesh and the other at Sriperumbudur in Tamil Nadu.Xiaomi said it has also started exporting phones made in India to Bangladesh and Nepal.'We have started exporting to these two countries at a small scale. With more government incentives, we plan to scale up the export of 'make in India' phones,' Muralikrishnan noted.'We will have to see if we can manage the entire logistics. Ultimately, we will have to realise that cost efficiency also matters,' he added.The COO of India's biggest smartphone seller said that there are various issues hindering export of its 'make in India' products to other countries including certification issues and low rate of duty drawbacks.'BIS certification is not accepted in many parts of the world. If the government can make BIS certification accepted in countries in Europe, it would help us scale,' he said, adding that India has a lot to learn from Vietnam in terms of incentivising domestic manufacturing.About 65 per cent of Xiaomi phone components are also sourced from within the country.'In terms of manufacturing, the progress that India has made in the past 5 years is phenomenal,' said Foxconn India Country Manager Josh Foulger.Besides initiatives under 'Make in India', the corporate tax relief and improvement in ease of doing business have helped a lot, he added.Significantly, all the operators at Foxconn's Sri City facility for Xiaomi are women. The facility employs over 15,000 people.(Gokul Bhagabati can be reached at gokul.b@.in)( With inputs from IANS )

XiaomiFOLLOW

Xiaomi, Latest News

Apple dominated the global handset market by capturing 66 per cent of industry profits and 32 per cent of the overall handset revenue in the third quarter of 2019 as overall global handset profits declined 11 per cent (year-on-year) to $12 billion, a ...

With an aim to break the notion of just being a smartphone player, Realme which entered India last year aspires to be a tech lifestyle company next year, as it forays into the fintech segment with Internet of Things (IoT) products in the pipeline, a ...

The government is unlikely to increase the basic customs duty on import of mobile handsets from 20 per cent in the upcoming budget, according to official sources. No proposal was under consideration to increase duty, said the sources. ...

Chinese smartphone maker Xiaomi is confident that it will be able to retain its No. 1 position in the Indian smartphone market next year too, but industry experts believe that the country may see a different winner in 2020. ...

The size of the global market for true wireless hearables is expected to touch 120 million units this year and 230 million units in 2020, growing 90 per cent year on year (YoY), said a new report on Friday. ...

Thanks to new launches and aggressive sell-in ahead of annual online sales like Flipkart's Big Billion and Amazon's Great India festive season sale, every second phone in the country is now sold through online channels, said a new report on Thursday. ...

Nov 19 The moment you enter a production line at Foxconn's 30-acre manufacturing facility dedicated to Chinese conglomerate Xiaomi at Sri City here, you encounter a world without men. ...

Nov 18 Almost all of the phones that Chinese smartphone maker Xiaomi sells in India are made in the country, a top company executive said here on Monday, stressing that 'make in India' Xiaomi smartphones are now being exported to other countries too ...