Xiaomi Expected to Launch its First Made-in-India Smartphone Today
Last year in July, when Xiaomi entered the Indian market, it took the country by surprise. More than its potential buyers, the Chinese smartphone manufacturer managed to shake up the ground for its competitors. Today, a year later, the company has come a long way. Xiaomi is going to launch its first ‘Made in India’ smartphone, in Visakhapatnam, today. The launch will be conducted by the Chief Minister of Andhra Pradesh, N Chandrababu Naidu; this event will also see Xiaomi make announcements for further expansion plans in India.
The seed of this project is said to have been planted, when the CM visited China, earlier this year. The event today will see CEO Xiaomi India, Manu Jain delivering the welcome address and Hugo Barra, VP Global Xiaomi, briefing the audience on the ‘Journey of Xiaomi in India’. It has also been reported, that Secretary DIPP, Govt. of India, Amitabh Kant, will be the Guest of Honour.
With India estimated to become the second largest smartphone market by 2017, after China, it is said, that many companies will be looking to invest in India, in the near future. However, China is not the first country to show interest in India, and specifically Andhra Pradesh; Japan and Malaysia have all shown an interest in being partners in capital construction and have also come forward to contribute to the construction of people’s capital. It has also been reported that PM Narendra Modi suggested Naidu to send a delegation to cities like Astana and Asghabat, to study and incorporate some of the best practices they follow.
Xiaomi is the third largest smartphone maker in the world, following Samsung and Apple, that has come to Visakhapatnam to launch its first main-in-India smartphone. The phone is being re-branded as MI and is looking forward to a successful launch.
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