Last year, Xiaomi announced that it is launching three new smartphone manufacturing facilities in India. Now the company makes another attempt to expand its manufacturing footprint in the country. Xiaomi has announced a new manufacturing facility, taking the total count of its manufacturing plants to 7. The Chinese tech company, under the Make in India program, has planned a 1 million sq ft facility, in partnership with electronics manufacturing company, Flex, housed in Chennai.
Xiaomi’s plan to expand manufacturing in India was made public during the launch of its Redmi Go smartphone and Mi-Pay service in the nation. Mi Pay serves as the ultimate solution to a variety of consumer payment needs, hence empowering millions of Xiaomi users with access to digital payments. Thus, acting as an equalizer providing a seamless experience across all smartphones.
Jain added that almost 95 percent of Xiaomi’s phones are made in India with 65 percent of the phone’s value sourced domestically. Xiaomi’s production capacity as claimed by the company in its Twitter post has increased from 2 phones per second to 3 phones per second in the country.
Xiaomi started assembling phones back in 2015, with its first factory set up in partnership with Foxconn. A second factory followed next year, along with a power bank plant that was set up in collaboration with Hipad Technologies in November 2017. Xiaomi adds that over 95% of its handsets that are sold in India are locally assembled, which means an overwhelming majority of sales are from the budget Redmi series.
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Xiaomi is one of the pioneers in the country to start the local assembly of PCBAs and is believed to continue to play a vital role in transforming India into a global manufacturing hub. According to Xiaomi, the new factories should hopefully make it easier for local customers to get their hands on Xiaomi’s latest phones.