By Li Panpan
(JW Insights) May 31 -- Indian contract manufacturer Dixon Technologies is partnering with China's Xiaomi Corp's Indian arm to make and export phones for the Chinese firm, reported Reuters.
The news comes after Xiaomi India 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, reported Reuters.
Earlier in March, Xiaomi India President Muralikrishnan B. said that the company will open more stores beyond its current network of 20,000 retail partners and boost local procurement of mobile phone parts to reduce costs.
Xiaomi India used to be heavily dependent on online channels. But with a shipment decline by a sharp 44% in Q1 2023, as per Counterpoint Research, it has released over a dozen job listings to strengthen its offline market presence.
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