Xiaomi sets up new mfg units in India for smartphones, PCBs

Press Trust of India  |  New Delhi 

Chinese today said it has set up three new units in and Andhra Pradesh, along with a facility for (PCB) in

While the company didn't disclose investment details, it said the move will double its capacity in

"We had two facilities for earlier. Now we have added thee more in Sri City, and Sriperumbudur in These are in partnership with Foxconn," and told reporters here.

Besides, a small number of phones are also being made in Noida with another partner - Hipad, he added.

He said, with this, the company can now manufacture two phones per second during operational hours.

These facilities employ over 10,000 people and 95 per cent are women, Jain added.

is also setting up a new PCB assembly unit in Sriperumbudur in partnership with

"We are committed to in PCB is 50 per cent of the value of a phone... By Q3, all phones made in will have PCBs that are locally assembled," he said.

Xiaomi, which is among the top three players in the country, is also hosting over 50 of its global suppliers in

These companies will be visiting and to explore investment opportunities to set up local base.

"If these companies choose to invest here, there is an investment opportunity of over Rs 15,000 crore and can generate employment for over 50,000 people," Jain said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, April 09 2018. 11:55 IST