Xiaomi’s new plans are to build smartphone plants in India in partnership with Foxconn that will be located across Sri City campuses in Andhra Pradesh. There is also a new campus in Sriperumbudur where Xiaomi will build the factory. These new factories will increase the production capacity of smartphones to two smartphones per second during the working hours. These factories will now employ more than 10,000 people with Foxconn. Manu Kumar Jain, Vice President of Xiaomi Global and Managing director Xiaomi India commented, “We are extremely glad to host the first-ever Supplier Investment Summit in India. We believe that this will help our suppliers assess and expand the manufacturing base in the country. It will also contribute towards investment and job opportunities and help boost the overall economy of the country.” Xiaomi’s first Surface Mount Technology (SMT) plant is located in Chennai, Tamil Nadu, dedicated to PCBA unit manufacturing. The vendor said that it has become one of the first smartphone brands to assemble the PCBAs locally in the country. Xiaomi announced this at the first Supplier Investment Summit in New Delhi. The company said that the plan is to bring an additional investment of over Rs. 15,000 crore and it will bring more than 50,000 jobs in India.
