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Xiaomi signs manufacturing pacts with DBG Technology and BYD India
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“Our India factories are not even fully geared up to meet local demand… Given supply constraints and Covid-19 still being there, I don’t think it will be realistic for us to believe that at least in the next few months or next few quarters, we will be able to export significantly,” Xiaomi India MD Manu Jain told ET.
Reuters
Xiaomi will now have eight exclusive manufacturing units with Foxconn, Flex, BYD, DBG, Dixon Technologies and Radiant.
India’s top smartphone brand Xiaomi has signed contract manufacturing deals with DBG Technology and BYD India, adding to its current partners Foxconn and Flex, deepening the company s local production efforts. The number one smart TV brand by volume has also given a manufacturing contract to Radiant Appliances, which will localise 100% of its TV manufacturing. Mi India MD Manu Kumar Jain, COO Muralikrishnan B. and CBO Raghu Reddy give detail