Xiaomi announces third Indian manufacturing facility in Noida

Xiaomi has become fastest growing smartphone brand in India with a growth rate of nearly 300 per cent year-on-year

Smartphone maker Xiaomi on Tuesday announced its third manufacturing plant in India and the first facility for power banks in partnership with Hipad Technology in Noida, Uttar Pradesh.

Along with this, Xiaomi also announced the launch of two new power banks- 10000mAh Mi Power Bank 2i and 20000mAh Mi Power Bank 2i.

Extending its commitment to the Make in India initiative, Mi Power Bank 2i will be assembled at Hipad Technology’s facility in Noida. Hipad Technology’s manufacturing unit is a dedicated Power Bank facility for Xiaomi and is spread across 2.3 lakh square feet. The starting production capacity for the facility is nearly seven power banks per minute during its operational hours.

Xiaomi entered India in July 2014 and quickly announced plans to establish its first manufacturing plant for its smartphones. Today, the company has two smartphone manufacturing plants in Sri City, Andhra Pradesh and more than 95 per cent of its smartphones sold in India are assembled locally.

Earlier this year, Xiaomi met Prime Minister Narendra Modi and spoke at length about delivering on Make in India initiative.

“Xiaomi India has seen exponential growth in India and today it enjoys market leadership in the smartphone segment. I believe a key reason for our success in the smartphone segment has been our commitment to India. We want our India Mi Fans to enjoy the best quality technology at an affordable rate, and manufacturing locally helps us achieve our vision. We are extending our commitment of building a truly localised company and hope to bring the ecosystem of world’s best power banks to India with our partners Hipad Technology,” said vice president Xiaomi and managing director Xiaomi India, Manu Jain.

10000mAh Mi Power Bank 2i features an elegant double anodised aluminium design that is lightweight and 14.2mm slim. Boasting up to 85 per cent conversion rate, it can charge a standard smartphone multiple times. For instance, 10000mAh Mi Power Bank 2i can charge Mi A1 up to 2.2 times or Redmi Note 4 up to 1.5 times. (more)


Planning to buy a smartphone? Here are the best ones priced under Rs 10,000

From Coolpad Cool 1 to Xiaomi Redmi 4 — five power-packed smartphones that do not burn a hole in your pocket

Companies News : In the price-conscious Indian smartphone market, budget smartphones are one of the most sought-after devices. The offerings in this league offer great value for money, without cutting corners on major features like a decent camera, quality display, ample RAM and long-lasting battery.

The budget smartphone segment is inundated with devices manufactured by Chinese and home-grown handset makers. While being spoilt for choice is a happy situation, too many options sometimes confuses us — which of the many should you buy? Which smartphone is the best bet if you want a bang for your buck?

Business Standard lists out 5 feature-rich budget smartphones that can be a good choice if your budget is Rs 10,000 or less:

Coolpad Cool 1

Coolpad Cool 1 is a powerful device co-created by LeEco and Coolpad. The phone has a lot of features offered by LeEco and the cool quotient of Coolpad. It ticks nearly all the right boxes, and that makes the smartphone one of the best in the league. This

smartphone sports dual rear cameras with several great features, besides a powerful manual mode. The cameras in Coolpad Cool 1 deliver better results than other smartphones in the price segment .

After launching a variant with 4 GB RAM and 32 GB storage at the price point of Rs 13,999, the company recently brought another variant with 3 GB RAM and 32 GB storage. The latter version is currently selling on Amazon India for Rs 9,999. At this price point, the smartphone is a steal for people looking for a great camera phone without compromising on other specs.

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