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Xiaomi CEO meets Narendra Modi; Discusses India plans

Lei Jun narendra modi
Xiaomi Global CEO and India Head met PM Narendra Modi to brief him about Xiaomi's India growth and future plans.

Xiaomi CEO Lei Jun met Indian Prime Minister Narendra Modi yesterday and discussed the plans of Xiaomi in India. Lei Jun also briefed PM about Xiaomi’s manufacturing in India and how it plans to give more jobs to Indians. Lei Jun was accompanied by Xiaomi India head, Manu Kumar Jain.

A statement from Xiaomi said that Lei Jun also explained to Narendra Modi on how has the smartphone penetration changed the youth in India. The main agenda of the meeting was to explain PM the growth and future plans of Xiaomi. PM was presented a Redmi 4A smartphone as a result of make in India initiative as all the components of this phone are manufactured in India.

Xiaomi has been making its stand that India remains one of the most important market for the company and it will create 20,000 more jobs in the next 3 years.

Xiaomi has been around in India since July 2014 and last year, it earned a total revenue of $1 Billion. It had opened the first Indian plant in August 2015 and is manufacturing over 75% of the total smartphones in the country. Last week, it had also announced the plan to open second manufacturing plant in partnership with Foxconn. Currently, the first plant employs 5000 workers from surrounding villages, 90% of whom are women.

About the author

Kunwar Prithvi Singh Chauhan

Part time journalist, full-time observer. Editor-in-Chief at The Indian Wire. I cover updates related to business and startups.

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