Chinese electronics major Xiaomi on Wednesday said it was open to expanding manufacturing facilities for mobiles and other devices in India.
At present, the company’s devices are produced in India at two manufacturing facilities of contract manufacturer Foxconn in Sri City, Andhra Pradesh.While one is a dedicated unit, the other manufactures phones of other brands as well.
About 95 per cent of the phones Xiaomi sells in India are manufactured in the country. It is ramping up manufacturing to deal with supply shortage.
The company is also in the process of setting up 100 Mi Homes, its offline retail stores over the next few years. It currently has presence in about 10,000 retail outlets across the country, including tie-ups with various mobile retail chains.
It would be looking at launching other smart products it sells in China here. The Chinese firm has several smart products such as water purifiers, fans, cycles, and weighing scales.
During the first three months of 2017, it posted a 41 per cent market share in online smart phone sales, making it second in the mobile phone market. Xiaomi crossed $1-billion revenue mark in India in 2016 and holds 14.2 per cent market share in the offline space.
By Baishakhi Dutta
