Xiaomi plans to expand in India with Make in India initiative

Well, there is a lot of buzz surrounding India’s Prime Minister, Narendra Modi’s visit to China. Mr. Prime Minister seems to be making most out of the short visit, as per the reports, he has met top shot Chinese companies CEOs in Shanghai on his last day of the visit. To name a few, there were acclaimed tycoons present at the meeting, such as Xiaomi president Lin Bin, Jack Ma of Alibaba, and Huawei chairman Sun Yafang among many others.

Xiaomi Modi

Xiaomi president Lin Bin told PM Modi,“We have some big plans for India, We fully support Make in India.” He also stated on his Facebook page that his company is in strong favor of Modi’s ambitious “Make In India” initiative. Xiaomi is also partnering to set up manufacturing operation in India and it also has plans to invest $100M in Indian mobile internet start-ups to help in the boom of mobile internet in India.

Apparently, after China, India is the second biggest market for Xiaomi and the company has carved its niche in the budget smartphone segment of India. Not long ago, Xiaomi was also dubbed to open an R&D unit in India and under the process of signing a lease for coming up with a center in Bangalore. Also, the company is also planning to set up a local production unit in India along with 100 experience stores in a year or so.

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7 Comments on "Xiaomi plans to expand in India with Make in India initiative"

 

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Arif
May 19, 2015 8:42 am 8:42 AM

Govt. should take corrective measure to protect and save Indian industry. Due to very low cost items from China, and also low in quality Indian industry is dying day by day. One day India will become slave of other country in terms of manufacturing.
Such a big country and such a huge user base of mobile phone but alas we do not have our own mobile designing and manufacturing unit in India. Just think on it.

Sudhakar
May 19, 2015 6:59 pm 6:59 PM

Yes. Videocon the only pure Indian manufacturer of mobile phones. Others are chinaborn3rdclass companies.

Fahad
May 19, 2015 10:40 pm 10:40 PM

Reliance still doesn’t have call forwarding facility and RLH tariffs.. Lol…!!

Ranganthan Rajagopalan
May 19, 2015 7:04 am 7:04 AM

Xiaomi should bring CDMA phones also

Arif
May 19, 2015 9:10 am 9:10 AM

Yes Xiaomi should think on CDMA also. Basic and Android based CDMA.

Saurabh
May 18, 2015 5:00 pm 5:00 PM

shameless indian brands like micromax, lava, karbonn etc. should learn something.

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