Xiaomi aims at providing 20,000 jobs in India in next 3 years


On Monday an event held in New Delhi there Lei Jun co-founder and CEO of Xiaomi said that they are planning to create 20,000 jobs in the country over the next three years. He also said that the 95% of the Xiaomi smartphones sold in India are manufactured locally, up from 75% in March last year. At the Economic Times Global Business Summit 2017, Lei Jun said the company has made major strides in a very short time and they wants to increase its offline presence to 59 percent. 

This is the big news for Xiaomi smartphones lovers as analyst firm IDC declared Xiaomi India as the number one selling smartphone brand in the online market, with about 29.3 percent share. In July 2014 Xiaomi entered in India. And within three years Xiaomi logged $1 billion in revenue in the country. In the event Lei Jun also spoke about China’s “Internet Plus” policy which “the Chinese premier started in 2015. According to Lei, Xiaomi is one of the company to adapt the “Internet Plus” policy which elevates Internet to become the most important engine of growth for China’s economy.

Touching to the sky of success, last week Xiaomi announced its second manufacturing unit in partnership with Taiwanese electronics major Foxconn in Andhra Pradesh. From now Xiaomi will be able to produce one phone per second during operational hours. With the help of this plant, Xiaomi aims to create employment for more than 5,000 people from over 100 surrounding villages.  More than 90% of the workforce employed are women.

Shubhangi

writter

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