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Xiaomi ties up with Taiwan’s Foxconn to assemble smartphones in India

Xiaomi’s newest phone is produced by Foxconn in a dedicated business zone of Sri City in the state of Andhra Pradesh that’s home to an array of global manufacturing and service companies.

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As for the device itself, the Redmi 2 Prime offers a considerable memory and storage upgrade on the regular Redmi 2 without costing a whole lot more.

Now, the phone will be manufactred by the company’s first phone plant in Visakhapatnam. Expanding into worldwide markets has been on Xiaomi’s roadmap for some time and the company has already made significant steps to enter the emerging India market.

The event took place in Visakhapatnam and the device was announced in the presence of CM Nara Chandrababu Naidu and Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP). Unless there is any smartphone manufacturing happening in the country, you can not expect to get components locally,”added Barra”.

Foxconn on Saturday said it would invest $5 billion in Maharashtra to create an electronics manufacturing hub over the next five years. Recently, the handset experienced a price drop of Rs 1000.

India is one the fastest growing smartphone markets globally. Ltd., the India unit of Xiaomi.

Clearly, its the easier way out, selling quality products online in limited quantities, gather customer interest and become famous for your flash sales. It now operates an assembly unit in Brazil.

The company will only assemble phones at the facility. This will be available for Rs. The number of people hired for the facility will also increase with the ramp up, he added without sharing exact employee count.

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Xiaomi might launch the Redmi 2 Prime in india. Starting as Flipkart exclsuive, the company now sells devices online via other partners and also its own Michigan stores, and also offline. Further, the smartphone has dual-SIM support and comes with Wi-Fi, Bluetooth, A-GPS and a microUSB port with USB OTG support.

Redmi 2 Prime