In line with its commitment to make in India, Xiaomi will manufacture its two new offerings -- Xiaomi Redmi Note 5 and Note 5 Pro -- at its two manufacturing units in Sri City, Andhra Pradesh, Xiaomi India said on Wednesday.
"Like our other products, these devices will be 100 per cent manufactured in India. Majority of these two devices will be manufactured at two of our units housed in Sri City. We will have more to share on the overall manufacturing front for the country soon," Xiaomi India Managing Director and Global Vice President Manoj Kumar Jain told IANS.
The company manufactures over 95 per cent of its smartphones (sold in India) at its plants in Sri City.
"We are geared up to take 'Make in India' to the next level by setting up more manufacturing units for other categories (of products) too," Jain added, on the sidelines of the launch event here.
The company, in partnership with the domestic manufacturing firm Hipad Technology, recently announced its third manufacturing plant in the country based out of Noida, which is its first facility for power banks.
"Among the top 10 smartphones in India in 2017, six were Xiaomi phones. We have 57 per cent market share online and nearly 11 per cent share offline in the country. The challenge is now to defend the online territory and ramp up our offline presence for a strong year-long growth period," Jain noted.
Xiaomi on Wednesday launched two devices -- Xiaomi Redmi Note 5 and Note 5 Pro.
Redmi Note 5 -- a successor to the highly-acclaimed Redmi Note 4 -- will cost Rs 9,999 for the 3GB RAM and 32GB storage variant and Rs 11,999 for the 4GB RAM and 64GB variant.
Redmi Note 5 Pro will cost Rs 13,999 for the 4GB RAM and 64GB variant and Rs 16,999 for the 6GB RAM and 64GB ROM option.
Both the devices will go on sale on Flipkart and Mi.com on February 22.
Xiaomi also launched a smart LED TV called "Mi TV 4" (55-inch) with 4K panel along with HDR10 for Rs 39,999 in the country.
--IANS
na/mr
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
