Xiaomi plans to set up 2 plants and launch more devices in India

Chinese smartphone maker Xiaomi gears up to set up two manufacturing plants in India and launch more devices this year.
Xiaomi to expand its reach

Chinese smartphone maker Xiaomi gears up to set up two manufacturing plants in India and launch more devices this year as it cements its presence in the world's fastest-growing market.

According to sources, Xiaomi's president Bin Lin said that he will be spending more time in India, underlining the South Asian nation's importance amid challenges in its biggest market, China.

Bin Lin said that Xiaomi believes China will be a flat market. The India plan includes manufacturing of handset peripherals and components.

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