Published: Mon, April 09, 2018
Sci-tech | By Brandy Patterson

Xiaomi Starts PCBA Manufacturing In India, Opens 3 New Plants

Xiaomi Starts PCBA Manufacturing In India, Opens 3 New Plants

Commenting on the development, Manu Kumar Jain disclosed that the company already had two manufacturing plants for the manufacture of smartphones in India.

Manu Jain, VP, Xiaomi Global and MD Xiaomi India was quoted as follows, "Xiaomi's high-quality, well-designed products at honest prices have been instrumental in disrupting the Indian smartphone industry".

"In 2015 we extended our long-term commitment to the Indian market by joining the "Make in India" program".

These announcements were made during the Xiaomi-convened "Supplier Investment Summit" where the company has invited over 50 global mobile component manufacturers and suppliers from across the globe.

More news: Hamilton calls Verstappen 'a ****head' after clash

Proud to share that more than 95% of the 10,000 employees in our factories are women?

The new SMT plant is a part of Xiaomi's new campus in Tamil Nadu which also houses a new smartphone unit. It will also start manufacturing the devices at an existing plant that now only makes power banks.

Xiaomi hopes to lure smartphone component assemblers to Indian shores as the company seeks to establish the country as a strong manufacturing base. And, during this Supplier Investment Summit, Xiaomi has announced the local manufacturing of PCBA in India along with three new smartphone plants in the country.

"Xiaomi has pioneered local assembly of PCBAs in India, and I believe we will continue to play a key role in transforming India into a global manufacturing hub", Jain said. With this, one could expect the prices of Xiaomi smartphones to go down as the PCB is one of the most important components of the smartphone, and contributes to almost 50 percent of the value of the phone. The new factories will result in an increased production capacity of two smartphones/second during operational hours. This PCBA will be manufactured at Xiaomi's first SMT (Surface Mount Technology) plant which is built in partnership with Foxconn in Sriperumbudur, Tamil Nadu, and, the company expects to bump up the production of PCBA to around 100% of its locally produced phones within Q3 2018.

More news: Cauvery is now linked to the IPL

The goal with the summit is to facilitate component makes to set up shop in India.

Xiaomi also added, if the foreign suppliers agree to set up their units in the country, it will create thousands of jobs.

The three new plants will be operated in partnership with Taiwanese electronics firm Foxconn.

The company says that by Q3 2018, almost all of its locally-assembled phones will come with India-made PCBs. If all the suppliers decide to come on board, Xiaomi can bring in an additional investment of 15,000 crore rupees ($2.5 billion) while creating 50,000 new jobs in India.

More news: Mark Zuckerberg says he's best person to lead Facebook

Like this: