Xiaomi’s component supplier Holitech Technology inaugurates its first component manufacturing plant in India

Xiaomi today announced that Holitech Technology which is its key component supplier has inaugurated its first component manufacturing plant in India located in Greater Noida in the state of Uttar Pradesh. The company was invited by Xiaomi back in Q1 2018 to investigate local manufacturing opportunities during its ‘Supplier Investment Summit’. Last year  Holitech Technology signed an MOU with the state of Andhra Pradesh to start local manufacturing in the city of Tirupati.

Holitech Technology also announced that it will invest about US$200 million over three years in the country and would be manufacturing Compact Camera Modules (CCM), Capacitive Touch Screen module (CTP), Thin Film Transistor (TFT), Flexible Printed Circuits (FPC), and fingerprint module locally.

The plant is spread across 4 factories and spans over 25000 square meters in the city of Greater Noida and will start mass production with a production capacity of over 300 million components per year. It also boasts of class 1000 and class 100 clean room, an industry first, said the company. A cleanroom is a contained space where provisions are made to reduce particulate contamination and control other environmental parameters such as temperature, humidity and pressure.

Holitech Technology in partnership with the government of Uttar Pradesh is also organising a Supplier Investment Summit with Holitech Technology component suppliers on 16th June, 2019 where over 15 of its suppliers are visiting the state of Uttar Pradesh.

It is ready and will be in production within Q3, 2019 and it aims to generate 6000 jobs in three years.

Dr. Dinesh Sharma, Deputy Chief Minister, Uttar Pradesh said:

Uttar Pradesh is one of the youngest pioneering states of India. The state has a young entrepreneurial spirit and poses an attractive destination for similar minded companies. Our state of the art infrastructural offerings make Uttar Pradesh an exciting investment opportunity and it is heartening to see Holitech Technology come to the state and initiate a big revolution in the market for local manufacturing.

Muralikrishnan B, Chief Operating Officer, Xiaomi India said:

Xiaomi has witnessed significant growth in the country and we are positive that Holitech’s plans for India will herald a new stage of evolution for the electronics manufacturing industry in India. Holitech is a leading global component supplier and with their entry in India, we are positive that a new era of local electronics component manufacturing will begin fostering job creation and encourage the entry of other component manufacturers in India. As a brand dedicated to the cause of Make in India, we are proud to be leading this initiative from the forefront and hope to reinforce our commitment to delivering products with best specs, highest quality and honest pricing in India.

Chenguisheng, CEO, Holitech Technology said:

The phenomenal growth of Xiaomi along with their initiatives to promote local manufacturing has encouraged us to explore component manufacturing for Xiaomi in India. We are pleased to bring several industry firsts to the state of Uttar Pradesh with the manufacturing of camera modules, CTP, TFT, FPC and fingerprint module and propel the growth of component manufacturing in India. We hope to further boost this initiative by setting an example for other component manufacturers, and being a part of Xiaomi’s growth in India.

Author: Srivatsan Sridhar

Srivatsan Sridhar is a Mobile Technology Enthusiast who is passionate about Mobile phones and Mobile apps. He uses the phones he reviews as his main phone. You can follow him on Twitter and Instagram