Xiaomi, Foxconn to set up two more units in India

By: GizBot Bureau

Chinese smartphone maker Xiaomi Friday said it is looking to set up two more manufacturing facilities in India through its Taiwanese contract manufacturer Foxconn Technology Group.

Xiaomi, Foxconn to set up two more units in India

Manu Jain, Xiaomi's India Chief, said they are in talks with various state governments for finalising the land and other issues for the plants. In August last year, Xiaomi, together with Foxconn, started assembling phones locally in Chittoor district of Andhra Pradesh.

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"We have not finalised the locations for the facility yet. We are talking to multiple governments to see where we should be setting up (the plants). The factories are owned and operated by Foxconn, but dedicatedly (make production) for us. It is not a joint venture.

We have some sort of financial arrangement between us," Jain said. Jain said the company may also launch air purifiers in India before the beginning of winter season. "We think that it is a category which is about to take off.

Xiaomi, Foxconn to set up two more units in India

We are trying to bring that this year. The perfect time to launch is before winter, because that is when fog combines with smoke and becomes smog," he said. Xiaomi, which presently registers 90 per cent of its sales from online channel in India, is planning to double offline presence over the next few months.

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Xiaomi recently launched Redmi 3S and Redmi 3S Prime in the country priced at Rs 6,999 and Rs 8,999, respectively. The phones will be initially available at Mi.com and Flipkart. The handset maker sells over one million phones a quarter in the country.

Source PTI

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