1. Xiaomi gives boost to PM Narendra Modi’s Make in India, to create over 20,000 jobs in India in 3 years

Xiaomi gives boost to PM Narendra Modi’s Make in India, to create over 20,000 jobs in India in 3 years

Xiaomi founder, chairman and CEO Lei Jun, who is on a week long visit to India, called on Prime Minister Narendra Modi yesterday to discuss the company's journey in the country so far.

By: | New Delhi | Updated: March 28, 2017 9:48 PM
 Xiaomi founder, Xiaomi founder Lei Jun, xiaomi jobs, xiaomi india jobs, xiaomi founder india jobs Xiaomi founder, chairman and CEO Lei Jun, who is on a week long visit to India, called on Prime Minister Narendra Modi yesterday to discuss the company’s journey in the country so far (Reuters)

In a big boost to Prime Minister Narendra Modi’s flagship Make in India programme, Chinese handset vendor Xiaomi on Tuesday said it plans to create more than 20,000 jobs in the country in the next three years.   Xiaomi founder, chairman and CEO Lei Jun, who is on a week-long visit to India, called on Prime Minister Narendra Modi yesterday to discuss the company’s journey in the country so far and how smartphones are changing the lives of Indian consumers, a company statement said. As per the company statement, the CEO discussed company’s manufacturing and growth plans with the Modi. Lei Jun then presented him with a Made-In-India `Redmi 4A’ with all its components displayed in a glass box.  The tech honcho also met Finance Minister Arun Jaitley and Minister of Electronics and IT Ravi Shankar Prasad.

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The company recently announced opening of a second manufacturing plant in Sri City, Andhra Pradesh. The company “plans to create more than 20,000 jobs in the country in the next three years”, the statement added.  “India is now the most important market outside of China for Xiaomi, and is a harbinger of the company’s global expansion plans,” the statement added.  As per company data, Xiaomi India achieved annual revenue of over USD 1 billion for calendar year 2016. Days ago, company’s India Managing Director, Manu Kumar Jain had announced formation of second manufacturing plant in India. “Our combined production capacity in indoa = 1 phone/sec, during the operational hours. #MakeInIndia @makeinindia @XiaomiIndia.

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Now more than 95% of our phones being sold in India are #MakeInIndia @makeinindia @XiaomiIndia @RedmiIndia. We have been able to create employment for more than 5,000 people. 90+% of workforce are women. #MakeInIndia @makeinindia @XiaomiIndia,” he tweeted. He also thanked the Andhra Pradesh government, the state’s chief minister N Chandrababu Naidu, Foxconn and all Xiaomi India employees for their support.

With PTI inputs

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