Xiaomi to begin producing smartphones in India by 2016
Xiaomi’s Vice President of International, Hugo Barra, had always commented on how his company so much loft the idea of bringing some of it’s work into India, the fasted growing smartphone economy in the world.
Xiaomi launched it’s value Redmi Note handset in India on Monday for Rs. 8,999 ($146) but while Barra spoke to Bloomberg, he spoke mostly of his company’s phone production plans. The executive said that Xiaomi will urge it’s primary supplier, Foxconn, to manufacture Xiaomi devices in India and Brazil, with production in Brazil coming a lot sooner.
Barra told reporters that India will host production of Xiaomi phones in “one or two years”. “We’re shipping absurd quantities into India. We went from shipping 50,000 a week into India to 200,000,” he added.
Xiaomi earlier planned to penetrate 10 markets this year but now, Hugo Barra claims, that the privately-backed Chinese firm will stop to “focus” on only five countries in hand, “consumers in Brazil, Russia, Thailand, Mexico and Turkey will have to wait a bit longer.”