A supplier to Xiaomi, the Chinese smartphone manufacturer, is poised to inaugurate a new smartphone manufacturing facility. This development aligns with India’s push for increased local manufacturing in the technology sector. The move underscores the growing importance of India as a manufacturing hub for smartphones and related components, driven by both domestic demand and export opportunities. As global tech companies seek to capitalize on India’s favorable manufacturing ecosystem, this new facility reflects the industry’s recognition of India’s potential as a key player in the global tech manufacturing landscape. The expansion of smartphone manufacturing in India also aligns with the government’s “Make in India” initiative, aimed at boosting domestic production and creating employment opportunities in the country.
Xiaomi Supplier Set to Open Smartphone Plant Amid India’s Push for Local Manufacturing
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