After China, India is a huge market for Xiaomi. It’s so significant that they recently had launched its new Mi 4i in New Delhi which is their first ever launch outside their home country.
Now the fast rising Chinese brand has gotten a boost with Mr. Ratan Tata, the Chairman Emeritus of Tata Sons investing into Xiaomi. Details of the investment isn’t known at the moment but on the surface, it looks like Xiaomi is now well grounded with a prominent local backer. There have been talks of Xiaomi making its smart phones in India and the new investment could be a stepping stone for them start production by 2016. With its large population, Xiaomi could be developing new products just to cater for the Indian market.
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