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[News] Xiaomi brings smartphone component manufacturing to India with Holitech Technology

2018-08-06 11:58:52
3972 101


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.

  • Holitech Technology would be investing nearly 200 million USD over three years
  • They would be the first manufacturer in India manufacturing Compact Camera Modules (CCM), Thin Film Transistor (TFT), Capacitive Touch Screen module (CTP), Flexible Printed Circuits (FPC), and the fingerprint sensor locally.
  • The local manufacturing is likely to start by Q1 2019  and it will lead to 6000 jobs creation in three years
  • The component manufacturing plant would spread across 75 acres of land in the city of Tirupati and start mass production with a production capacity of nearly 50 million each component per year.
  • The plant will also boast of nearly 50% clean room, an industry first which is being extended as an incentive by the state of Andhra Pradesh. A cleanroom is a contained space where provisions are made to reduce particulate contamination and control other environmental parameters such as temperature, humidity, and pressure.

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


2018-08-06 11:58:52
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Grandmaster Bunny

Solver13 | from Redmi Note 4

#1

Wow! That's Truly Awesome!!:-)
2018-08-06 12:07:10

Master Bunny

Hemant1596296135 | from Redmi 3S

#2

that sounds interesting
2018-08-06 12:10:31

Rookie Bunny

V Rakesh Malur | from Redmi Note 5 Pro

#3

Nice... thanks for creating jods
2018-08-06 12:15:42

Moderator

Mayank #1 | from Redmi 4A

#4

AWESOME.   
2018-08-06 12:17:42

Master Bunny

Tahseen Ansari | from Redmi Y1 Lite

#5

I like it
2018-08-06 12:31:21

Master Bunny

Tahseen Ansari | from Redmi Y1 Lite

#6

But still you can't give me the medal of Mi Subscriptions and 8 years with MI.

PLEASE GIVE THE MEDAL
2018-08-06 12:32:02

Grandmaster Bunny

qamit | from Redmi Note 3

#7

Great....        
2018-08-06 12:35:42
Thank You..
Regards,
Amit Karmakar.

Pro Bunny

Shubhi singla | from Redmi Note 5

#8

yes.. its awesome
2018-08-06 12:40:41

Master Bunny

Sunil Pawar | from Redmi Note 4

#9

great work nice initiative towards Job Creation in india..✌️
2018-08-06 12:41:31

Master Bunny

Abin@1 | from Redmi Note 3

#10

great.      
2018-08-06 12:44:53
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