Xiaomi Announces Three New Smartphone, PCB Plants In India
With the addition of three new plants, Xiaomi now have a total of six manufacturing plants in India.
Smartphone brand Xiaomi today (9 April) announced the opening of three more smartphone plants in India. The three new smartphone plants, built in partnership with Foxconn, are located across campuses in Sri City, Andhra Pradesh and a new campus in Sriperumbudur (Chennai), Tamil Nadu with a total campus area of 180 acres.
The factories with Foxconn now employ more than 10,000 people, of which more than 95% are females. Additionally, all of the assembly work is done by women. The new factories will result in an increased production capacity of two smartphones per second during operational hours.
Xiaomi already have three manufacturing units in India, two out of three units are for smartphones (in partnership with Foxconn) and the third one is for power banks (in partnership with Hipad). With the addition of three new plants, Xiaomi now have a total of six manufacturing plants in India. To date, over 95 percent of Xiaomi smartphones sold in India are made in India.
The Sriperumbudur (Chennai) plant is Xiaomi’s first SMT (Surface Mount Technology) plant dedicated towards local manufacturing of PCBA (Printed Circuit Board Assembly) units.
PCBA is one of the most important components of the smartphone, and contributes to nearly 50 percent of the value of the phone. Xiaomi expects to ramp up its PCBA production to close to percent of its locally produced phones within Q3 CY 2018.
Manu Jain, Vice President, Xiaomi Global and Managing Director, Xiaomi India said: In 2015 we extended our long-term commitment to the Indian market by joining the 'Make in India' programme. Today we are deepening this commitment with three more smartphone factories and our first SMT plant dedicated towards local manufacturing of PCBA units.
Xiaomi made these announcements at its first ever Supplier Investment Summit in India today (9 April) where the company is hosting over 50 global smartphone component suppliers to educate them about the Indian manufacturing ecosystem, with the aim of helping them to set up local manufacturing units in India.
If all the suppliers set base in India, this would lead to one of the biggest ever single investment in the electronic manufacturing industry, creating a big pool of jobs. It would potentially bring in an added investment of over 15,000 crore rupees ($2.5 billion) and create as many as 50,000 job opportunities in India.
The supplier summit starts today and continues till 11 April, 2018. The component suppliers will be visiting the states of Uttar Pradesh and Andhra Pradesh to explore and learn about investment opportunities in India, incentives offered by Center and State governments, FDI policy, industrial policy and various state sector specific policies. The objective of the summit is to educate Xiaomi’s global component suppliers about India’s smartphone industry and encourage them to establish local bases in the country.
Manu Jain, Vice President, Xiaomi Global and Managing Director, Xiaomi India said: “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.”