India was one of the first countries where the Chinese smartphone maker, Xiaomi launched its offerings. The company over the last few years due to value for money products has seen significant growth in the Indian market. To further increase its affinity with the local customers, the company has been promoting locally assembled devices. The “Make In India” movement initiated by the Indian government has also been well embraced by the company. To take the local assembly step further, Xiaomi’s key component supplier Holitech has set up a massive plant in the city of Greater Noida.

Speaking of “Make In India” movement, several companies including [...]