Smartphone manufacturer Xiaomi declared that it has tied up with Hipad Technology for third-party manufacturing of its power banks in India.
This is the company’s third-party manufacturing unit in the country and is situated in Noida. It has a potential to build seven power banks in India. This is the company’s third contract production unit in the country and is located in Noida.
The Xiaomi head Manu Jain said that in a minute it has the ability to make seven power banks, according to the information. He added that the 10000mAh Mi Power Bank 2i and 20000 mAh Mi Power Bank 2i will be made at the provision. Although he did not declare the investment details.
Xiaomi and two other facilities in Andhra Pradesh for manufacturing smartphones in union with Foxconn.
These have provided employment to over 5,000 people with 90 percent being women he added. He also said, “Today, more than 95 percent of our smartphones sold in India are assembled locally… We are open to expanding capacity as well as setting up new factories if there is a requirement”.
Chinese smartphone manufacturer Xiaomi caught up with the industry Samsung to share the top spot in India’s smartphone market for the September quarter with each player accounting in the market.
Manu Jain said, “ However, the potential is huge. A major challenge is fake power banks flooding the market. We are trying to address this by adding hologram security markers to help customers know they have bought a genuine product”.
The hologram sticker has a scratch card that discloses a set of numbers that can be checked online to know if the products are genuine. The 10000mAh power bank released in India will cost ₹799 and the 20000 mAh variant will be handy ₹1499.