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2018-08-06 11:58:39 Upload
Hi, Mi Fans!
We have a big announcement to share with you guys. Our key component supplier, Holitech Technology, will start component manufacturing in India. Holitech Technology has signed a MoU with the state of Andhra Pradesh and will start local manufacturing in the city of Tirupati for Xiaomi.
Andhra Pradesh is one of the youngest pioneering states of India. The state has a young entrepreneurial spirit and poses an attractive destination for similarly minded companies. Our state of the art infrastructural offerings make Andhra Pradesh an exciting investment opportunity and it is heartening to see Holitech Technology will come to the state and initiate a big revolution in the market for local manufacturing.
- Mr. Nara Lokesh, Honorable Minister of Information Technology
Xiaomi has witnessed significant growth in the country and we are positive that Holitech’s plans for India will set a new motion in place for the electronics manufacturing industry in India. Holitech is an important global component supplier of Xiaomi and with their entry in India, we are positive that a new era of local manufacturing will begin with several job creations and other component manufacturers also coming in. As a brand dedicated to the cause of Make in India, we are proud to be leading this initiative from the front for the entire nation and hope everyone can make best specs, highest quality products accessible to the country at honest pricing.
- Manu Jain, Vice President, Xiaomi and Managing Director, Xiaomi India
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