Xiaomi aims to source 55 pc phone components in India, showcases 1st luxury EV
Bengaluru: Smartphone company Xiaomi on Tuesday said it aims to source at least 55 per cent of its components locally in India, which aligns with the government’s ‘Make in India’ initiative — as the company completed 10 years in the country. According to Muralikrishnan B, president at Xiaomi India, around 35 per cent of the