Contract manufacturer Dixon Technologies India said it is partnering with Xiaomi India to make and export smartphones from India.
Xiaomi India earlier revealed plans to start making wireless audio products in the country by partnering with electronics manufacturer Optiemus.
India has been encouraging global companies to invest more in local manufacturing as a part of its efforts to become a powerhouse in the global electronics supply chain.
Earlier in March, Xiaomi India President Muralikrishnan B told Reuters that the company will open more stores beyond its current network of 20,000 retail partners and boost local procurement of mobile phone parts, in an effort to reduce costs.
Xiaomi earlier said its retail strategy has effectively elevated the offline sales of premium smartphones worldwide. As of May 17, 2023, offline channels contributed over 55 percent of total cumulative sales volume of the Xiaomi 13 Series and the Xiaomi 13 Ultra.
Xiaomi said its smartphone revenue reached RMB35 billion and global smartphone shipments amounted to 30.4 million units in the first quarter of 2023.
Xiaomi maintained its No. 3 global smartphone shipment ranking in the first quarter while holding market share at 11.3 percent, according to research firm Canalys.