Amaravati ( Andhra Pradesh), August 8 2018: Chinese Mobile phone brand and  a leader in the Indian market, Xiaomi,  will start component manufacturing in this country,  in partnership with  its key component supplier Holitech Technology, India. An MoU with the state of Andhra Pradesh  was signed two days ago and local manufacturing  will start in the city of Tirupati in the state.
Holitech Technology would be investing nearly $ 200 million over three years in the country and would be the first manufacturer in India manufacturing Compact Camera Modules (CCM), Thin Film Transistor (TFT), Capacitive Touch Screen module (CTP), Flexible Printed Circuits (FPC), and fingerprint sensor locally.
The local manufacturing is likely to start by the first quarter of 2019  and it is expected to generate 6000 jobs in three years.
The component manufacturing plant would be spread across 75 acres of land in the city of Tirupati and start mass production with production capacity of nearly 50 million each component per year. The plant will also  have nearly 50% clean room, an industry first. A cleanroom is a contained space where provisions are made to reduce particulate contamination and control other environmental parameters such as temperature, humidity and pressure. The state of Andhra Pradesh has extended several incentives for the establishment of the manufacturing plants in terms of tax, land and power subsidy along with several other incentives.
Said Manu Jain, Vice President, Xiaomi and Managing Director, Xiaomi India: “Xiaomi has witnessed significant growth in the country and we are positive that Holitech’s plans for India will set a new motion in place for the electronics manufacturing industry in India. Holitech is an  important global component supplier of Xiaomi and with their entry in India, we are positive that a new era of local manufacturing will begin with several job creations and other component manufacturers also coming in. As a brand dedicated to the cause of Make in India, we are proud to be leading this initiative from the front for the entire nation and hope everyone can make best specs, highest quality products accessible to the country at honest pricing.”
Added Flame Chen, Co-Founder and CEO, Holitech Technology said, “The phenomenal growth of Xiaomi along with their initiatives to promote local manufacturing has encouraged us to explore component manufacturing for Xiaomi in India. We are pleased to bring several industry firsts to the state of Andhra Pradesh with the manufacturing of camera modules, TFT, CTP, FPC and fingerprint sensors and high quality clean room construction and take propel the growth of component manufacturing in India. We hope to further boost this initiative by setting an example for other component manufacturers, and being a part of Xiaomi’s growth in India.”