It should be noted that Xiaomi did most of their assembling in India already, the new manufacturing plants will bolster smartphone components including Printed Circuit Board Assemblies. All the assembly work is also done by women. Xiaomi expects to ramp up its PCBA production to close to 100 percent of its locally-produced phones within the third quarter of the calendar year 2018.
"In 2015 we extended our long-term commitment to the Indian market by joining the "Make in India" programme", Xiaomi India head Manu Jain (seen above, on right) was quoted as saying in an emailed press release. The company will set up these plants in partnership with Foxconn that will be located at Siri City (AP) and Sriperumbudur (TN).
These will double Xiaomi's manufacturing capacity in India to two phones per second during operational hours, and would employ over 10,000 people of which 95% will be women employees, Jain said.
Chinese company also developing first plant dedicated to PCBA units in the region.
Xiaomi has a robust expansion program in India and is planning to go big in the country.
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Well, apart from announcing local manufacturing of PCBA in India, Xiaomi has also announced the opening of three new smartphone plants in the country.
Xiaomi now operates six smartphone manufacturing plants in the country.
"We had two facilities for smartphone manufacturing earlier", said Manu Jain, vice president and India managing director, Xiaomi. New setups from suppliers could potentially bring in an added investment of over 15,000 crores ($2.5 billion) in the country. Well, that summit has kicked-off today in India and continues till April 11, 2018. Xiaomi India aims to enlist the help of these suppliers in setting up manufacturing units in the country. The objective of the summit is to educate Xiaomi's global component suppliers about India's smartphone industry and encourage them to establish local bases in the country.
The company is hosting 50-odd suppliers, which manufacture components such as touch panels, camera modules and LCD and LED panels for it, for a three-day tour of Uttar Pradesh and Andhra Pradesh to explore investment opportunities.
"They've called all their leading suppliers and are giving them a vision of investing in India", Tarun Pathak, an analyst with consultancy Counterpoint Research, told CNNMoney. This is a significant move in Xiaomi's localization strategy as the company's first SMT (Surface Mount Technology) plant is dedicated towards local manufacturing of PCBA (Printed Circuit Board Assembly) units in Sriperumbudur, Tamil Nadu, in partnership with Foxconn.