“We are definitely looking at mobi-tech [mobile technology] start-ups to make investments.”Eventually, the company plans to introduce most of its products in the Indian market and will actively look at Indian start-ups that complement its devices. Next in line is air purifiers, which given the high pollution levels in most Indian cities, is a category Xiaomi sees promise in. “We think we can launch air purifiers and completely own this space in the country.” “We think smart air purifiers are a great category to launch in India,” Jain said. It is looking at “multiple” software and technology companies, Jain said.

Source: Mint August 12, 2016 12:45 UTC