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03/19/2024 01:10:46 am

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Xiaomi Plans Aggressive India Expansion, Looks to Expand Existing Manufacturing Operations

Xiaomi India

(Photo : Twitter/Manukumarjain) Xiaomi is planning to expand in India.

Chinese smartphone maker Xiaomi has drawn up an aggressive India expansion plan.

Xiaomi is planning a major expansion in India, setting up two new manufacturing facilities and expanding the production capacity at its existing manufacturing unit.

Manu Kumar Jain, Xiaomi' India head, told CNBC-TV18 that the company intends to expand its existing production capacity and set up few more plants to match the growing demand for its products such as Redmi Note 3 in India.

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"We are looking to expand capacities, because for some of these phones we are seeing significantly higher demand than we had forecasted. For example, the Redmi Note 3 which we had launched in March has become the best selling phone in the history of online India," he said. "For this phone, the first sale we had last week, we had 90,000 units and everything was sold in eight minutes. So, we are looking to expand capacity, we are looking at both things: how do we expand lines in the current factory, and how do we set up few more plants?"

The Chinese smartphone maker said that it has started work to expand production at Foxcomm manufacturing unit in Tamil Nadu. Xiaomi and its partner Foxconn have already started the process of setting up two new plants in the country.

Xiaomi recently announced that it is also looking to double its offline presence in the country. The firm is presently selling its products via 5,000 retail outlets in India as the company gets 90 percent of its sale from online channels.


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