The company, which is focussed on driving growth in 2021 through its 5G smartphones, is constantly monitoring situations state by state on a regular basis and is re-arranging stocks accordingly amid the ongoing second wave of Covid-19.
Xiaomi signs manufacturing pacts with DBG Technology and BYD India
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Synopsis
“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
Xiaomi Expands Local Manufacturing for Smartphones, Smart TVs in India, Names 3 New Partners
Xiaomi claims that it is now selling 100 percent of locally-produced smart TVs in the country. By Jagmeet Singh | Updated: 25 February 2021 14:18 IST
Photo Credit: Xiaomi India
Highlights
The company also partnered with Radiant Technology for smart TVs
Xiaomi is also ramping up component manufacturing in the country
Xiaomi is expanding manufacturing in India for smartphones and smart TVs, the company announced at a virtual briefing on Thursday. It named China s BYD, and DBG Technology as two of its new partners for producing smartphones. The Chinese company already has Foxconn and Flex as two of its existing manufacturing partners for the local production of smartphones in the country. In addition to ramping up its domestic smartphone manufacturing, Xiaomi announced Hyderabad-based Radiant Technology as its second manufacturing partner for locally prod