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Xiaomi to boost smartphone manufacturing in India

Second plant will raise Chinese company's local production to 95% of phones sold

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  © Reuters

MUMBAI (NewsRise) - Chinese smartphone maker Xiaomi plans to expand manufacturing of its handsets in India, as it aims to challenge the dominance of Samsung Electronics in the world's fastest-growing phone market.

Xiaomi, which entered India in July 2014, contracted Taiwan's Foxconn, formally known as Hon Hai Precision Industry, to assemble its phones in India in 2015. Foxconn, the world's largest contract electronics maker, manufactures mobile phones for several vendors at a plant in the southern Indian state of Andhra Pradesh.

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