NEW DELHI: Chinese technology firm Xiaomi<\/a> will be hosting a supplier investment summit in India from April 9-11 to help over 50 of its partners evaluate opportunities for setting up local base in India.<\/p>\n \n\tAccording to an invitation sent by the company, Xiaomi's over 50 global component suppliers will visit different states of India.<\/p>\n \"India is the most important market for Xiaomi outside Mainland China and a major manufacturing<\/a> hub today, hence, the suppliers will be visiting different states to evaluate opportunities for setting up local base in the country,\" it said.<\/p>\n \n\tThis will not only bring in additional foreign investment in India, but also create a pool of job opportunities, it added.<\/p>\n \n\t\"The agenda of this summit is to help them understand about opportunities in the Indian market, incentives offered by Centre and State government, FDI policy, industrial policy and various state sector specific policies,\" the invite said.<\/p>\n \n\tThe government has been taking a number of steps to promote electronics manufacturing in the country, including mobile phones. While assembly of mobile phones has been gaining traction, the focus is now on component manufacturing as a significant chunk of these are still imported from countries like China.<\/p>\n Recently, the government imposed a 10 per cent duty on import of key smartphone<\/a> components like camera module and printed circuit board assembly with a view to boost domestic manufacturing.<\/p>\n \n\tIndia is one of the fastest growing mobile phone markets globally. According to research firm IDC, about 288 million mobile phones were shipped in India in 2017, which translates into an annual growth of close to 16 per cent. Smartphones grew 14 per cent in the said period.<\/p>\n \n\tSamsung led overall market with 24.7 per cent share in smartphone category and 20.5 per cent share in feature phone category for 2017. Xiaomi followed Samsung with 20.9 per cent share, Vivo 9.4 per cent, Lenovo 7.8 per cent and Oppo 7.5 per cent share in smartphone segment in the year.<\/p>\n \n\tPresently, Xiaomi has three manufacturing facilities in India. Two of these, with Foxconn as partner, are located in Sri City, Andhra Pradesh and manufacture smartphones. Over 95 per cent of Xiaomi's smartphones sold in India are manufactured locally.<\/p>\n \n\tThe third facility is located in Noida and manufactures power banks in partnership with Hipad Technologies.<\/p>\nSR ANU ANU\n\n<\/body>","next_sibling":[{"msid":63640257,"title":"Oppo F7 vs Vivo V9: Battle of the notches, in-depth comparison to best suit your needs","entity_type":"ARTICLE","link":"\/news\/oppo-f7-vs-vivo-v9-battle-of-the-notches-in-depth-comparison-to-best-suit-your-needs\/63640257","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":63640437,"entity_type":"ARTICLE","title":"Xiaomi to host supplier summit in India from Apr 9-11","synopsis":"Xiaomi will be hosting a supplier investment summit in India from April 9-11 to help over 50 of its partners evaluate opportunities for setting up local base in India.","titleseo":"telecomnews\/xiaomi-to-host-supplier-summit-in-india-from-apr-9-11","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2018-04-06 12:50:07","lastupd":"2018-04-06 12:51:52","breadcrumbTags":["Xiaomi","Smartphone","Devices","MakeInIndia","manufacturing"],"secinfo":{"seolocation":"telecomnews\/xiaomi-to-host-supplier-summit-in-india-from-apr-9-11"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2018-04-06" data-index="article_1">
新德里:中国科技公司小米将会举办一次供应商在印度投资峰会4月9 - 11至帮助50多个合作伙伴评估建立在印度当地基地的机会。 根据公司发送的邀请函,小米的50多个全球零部件供应商将访问印度的不同状态。 “印度是最重要的市场中国大陆以外的小米和专业制造业今天中心,因此,供应商将访问不同状态评估的机会建立当地基地的国家,”它说。 这不仅会带来额外的外国投资在印度,但也创建一个池的工作机会,它补充说。 “这次峰会的议程是帮助他们了解关于印度市场的机会,中心和政府提供的激励措施,外国直接投资政策、产业政策和各种国有部门具体政策,“请说。 政府已采取一系列措施促进电子制造业,包括手机。虽然组装手机获得推进力,现在关注组件制造大部分这些仍然是像中国这样的国家进口。 最近,政府征收10%关税进口的关键智能手机组件(比如相机模块和印刷电路板组装以提振国内生产。 印度是全球增长最快的移动电话市场之一。据研究公司IDC的数据,在印度大约有2.88亿手机发货2017年,转化为一个智能手机的年增长率接近16%。说时期增长了14%。 三星在智能手机整体市场24.7%的市场份额类别和功能手机20.5%的股份类别为2017。小米三星以20.9%的市场份额紧随其后,体内9.4%,联想7.8%和朋友在智能手机市场7.5%的份额。 目前,小米在印度有三个生产设施。与富士康合作伙伴,其中两个是位于斯里兰卡城市,安得拉邦和制造智能手机。超过95%的小米智能手机销售在印度本地生产。 第三个工厂坐落在诺伊达和制造电力银行与Hipad技术合作。
NEW DELHI: Chinese technology firm Xiaomi<\/a> will be hosting a supplier investment summit in India from April 9-11 to help over 50 of its partners evaluate opportunities for setting up local base in India.<\/p>\n \n\tAccording to an invitation sent by the company, Xiaomi's over 50 global component suppliers will visit different states of India.<\/p>\n
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