Xiaomi to make wireless audio products in India

Author: Reuters

Xiaomi Corp’s Indian arm will start making wireless audio products in the country through a partnership with electronics manufacturer Optiemus in a push to further localise its operations, the company said on Monday.

Xiaomi India will make its first local audio gadget at Optiemus Electronics’ factory in the northern state of Uttar Pradesh, the company said in a statement, reiterating that it was targeting a 50% increase in the production of components locally sourced by 2025.

The push comes as the manufacturer of the Redmi brand of smartphones recently lost out to South Korean rival Samsung as India’s top smartphones company.

The company did not say what kind of audio product it will make in the Indian factory, but it is “committed to forging more such collaborations for a wider range of categories, across our product line-up.”

Xiaomi, which locally manufactures most of the smartphones and TVs it sells in India, did not say when it will start making the audio products. It sells speakers, ear-buds, wired and wireless headphones in India.

The Indian government has been pushing global companies to invest in local manufacturing as a part of its vision to make the country self-reliant.

Share
Leave a Comment

Recent Posts

  • Pakistan

Metrix Pakistan Empowers Youth with Second Edition of Youth Summit in Haripur

Metrix Pakistan, a pioneering force in technology and innovation, reaffirmed its commitment to youth empowerment…

3 hours ago
  • Business

APBF asks govt to announce special incentives for cash-strapped SMEs to save economy

The All Pakistan Business Forum (APBF) has asked the government to announce special incentives for…

5 hours ago
  • Business

Turkmenistan to complete TAPI energy project with regional countries

Turkmenistan is committed to complete the Turkmenistan–Afghanistan–Pakistan–India (TAPI) energy project together with the regional countries.…

5 hours ago
  • Business

Wheat prices plummet in Punjab as govt delays procurement

Wheat prices in Punjab have plunged below PKR 3,000 per maund (approximately 37 kilograms) due…

5 hours ago
  • Business

Govt forms committee for revival of Pakistan Steel Mills

The Federal Ministry of Industry and Production on Saturday constituted an 8-member committee to revive…

5 hours ago
  • Business

Minister condemns unilateral urea fertilizer price hike

Federal Minister for Industries and Production Rana Tanveer Hussain on Saturday has condemned the unilateral…

5 hours ago