Chinese smartphone maker Xiaomi in association with Taiwanese electronics major Foxconn has announced the establishment of its second manufacturing plant at Sri City in Andhra Pradesh.
The company is planning to make 95 per cent of its smartphones at this plant. During the operational hours, the combined production capacity of Xiaomi will be one smartphone per second.
“We are present in 20 markets globally but India tops in terms of volume and is also the fastest growing market for us. All eyes are on this market and we will continue to do what we are doing and provide great after sales service and experience for our users,” said Manu Jain, Vice President and Managing Director, Xiaomi India.
Most of the workforce at the new plant are women. Xiaomi has employed more than 5,000 people for this project.
The company clocked a revenue of $1 billion in India last year. It entered the Indian market in July 2014.
