Xiaomi India MD Manu Jain. Xiaomi India is hosting 50-odd suppliers for a three-day tour of Uttar Pradesh and Andhra Pradesh to explore investment opportunities. Photo: Indranil Bhoumik/MintNew Delhi: China-based electronics and software company Xiaomi Corp. has urged its global smartphone component suppliers to look at investments in India, with an aim to set up a local components ecosystem in the country. Xiaomi also announced setting up of its first surface mount technology plant for local manufacturing of printed circuit board (PCB) assembly units, at Sriperumbudur, Tamil Nadu, in partnership with Foxconn. With this, Xiaomi now has six smartphone assembly plants across campuses in Tamil Nadu, Andhra Pradesh and Noida.

Source: Mint April 09, 2018 06:45 UTC