Xiaomi Starts Local Manufacturing of Mi LED TVs in India
by Shrutee K/DNS
TIRUPATI, INDIA, 4 October 2018 —
Xiaomi, India’s number 1 smartphone brand announced local manufacturing
of Mi LED TVs. Taking another step towards its commitment to Make in India,
Xiaomi has partnered with Dixon Technologies to locally manufacture its range
of Mi LED TVs in India. The new Mi LED TV
manufacturing plant, built in partnership with Dixon Technologies is located in
a campus in Tirupati, Andhra Pradesh with a total campus area spanning across
32 acres. The factory with Dixon Technologies now employ more than 850 people.
The factory will result in a production capacity of 100,000 Mi LED TVs per month by Q1 2019, during operational hours
which if laid down covers more than 11 football fields* of surface area.
The new Mi LED TV
manufacturing plant will start local assembly with Mi LED Smart TV 4A 80cm
(32”) and Mi LED Smart TV 4A 180cm (43”) for now. Recently, IDC announced that
Mi LED TV has become the number 1 Smart TV Brand in India as per Worldwide
Quarterly Smart Home Device Tracker, 2018Q2.
Manu Jain, Vice President, Xiaomi and Managing Director,
Xiaomi India said, “Xiaomi’s
tremendous success in India has been primarily contributed to our commitment in
India and we are proud to take the next step with the support of state of
Andhra Pradesh. After a successful smartphone journey, we are beginning a new
chapter with Mi LED TV manufacturing in India. We are already the number one
Smart TV brand in India, and we hope that with our increased focus on local
manufacturing, we would be able to increase our supply and ensure we can reach
out to many more Mi Fans.”
Honorable Chief Minister Sri Nara Chandrababu Naidu said, “Andhra Pradesh continues
to lead by example when it comes to Ease of Doing Business and the attractive
policies for investors in the state which is attracting blue-chip manufacturers
in the field from all over the world. I have a vision of making Tirupati an IT
Hub offering a one-stop solution for leading electronics players encompassing
the entire life cycle of and ecosystem in electronics from design to
death. Today, I am delighted to welcome
Xiaomi, the undisputed leader of Smart TVs in India along with Dixon
Technologies to the city of holy city of Tirupati in Andhra Pradesh and to the
family of other leading electronics players in the state who will all together
help showcase Andhra Pradesh to the world as an example of transparent governance
and seamless execution in setting up of projects.”
Sri. Nara Lokesh, Minister for Information Technology,
Panchayati Raj and Rural Development also commented saying, “I am proud to announce that once again
another leader in its field has chosen to set up its manufacturing plant in
Andhra Pradesh. Keeping this in mind, today, we are excited that Xiaomi and its
partner Dixon Technologies have chosen to join the many electronics
heavyweights who have set up or are in the process of setting up their
manufacturing facilities in Andhra Pradesh. Our target is to get an ecosystem
in state where 250-billion-dollar worth of electronics manufacturing happen in
the state of Andhra Pradesh, which is half of country consumption of
electronics in India every year. I have no doubt that our esteemed partners
like Xiaomi will go a long way in working towards making this dream a reality.”
Mr.
Sunil Vachani, Executive Chairman, Dixon Technologies (India) Limited said, “Firstly, we would like to
give our heartfelt thanks to the Hon’ble Chief Minister, Hon’ble Minister of
ITE & C and other dignitaries present for taking time out of their busy
schedules for this occasion. Your presence strengthens our belief that we are
on right path. Also, we would like to congratulate Xiaomi for their innovations
and making a mark for themselves in technological world whilst keeping the
affordability intact. With Dixon’s manufacturing experience and Xiaomi’s
innovative solutions, we are sure that the consumers are going to be immensely
benefited.”
Xiaomi announced in
2015 that it was going to manufacture its smartphones locally in India, in a
show of commitment to Honorable Prime Minister Shri Narendra Modi’s ‘Make in
India’ initiative. Today, Xiaomi has 6 smartphone manufacturing plants in India
in partnership with Foxconn and Hipad Technologies across Sri City, Andhra
Pradesh, Sriperumbudur, Tamil Nadu and Noida, Uttar Pradesh and its first
powerbank plant (in partnership with Hipad Technologies). Currently, over 95%
of Xiaomi smartphones sold in India are made in India.
About Xiaomi
Corporation: Xiaomi Corporation was founded in April 2010 and listed
on the Main Board of the Hong Kong Stock Exchange on 9 July, 2018 (1810.HK).
Xiaomi is an internet company with smartphones and smart hardware connected by
an IoT platform at its core. With the
vision of being friends with its users and being the “coolest company” in the
hearts of its users, Xiaomi is committed to continuous innovation, with an
unwavering focus on quality and efficiency. The company relentlessly builds
amazing products with honest prices to let everyone in the world enjoy a better
life through innovative technology. Xiaomi is currently the world's
fourth-largest smartphone brand, and has established the world's largest
consumer IoT platform, with more than 100 million smart devices (excluding
smartphones and laptops) connected to its platform. Currently, Xiaomi products
are present in more than 70 countries and regions around the world and have a
leading foothold in many markets. Xiaomi India is the number 1 smartphone player for four
consecutive quarters since Q3 2018.
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