Categories: News

Xiaomi gets investment from India’s Ratan Tata

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.

[ SOURCE 2 ]

Recent Posts

Puspakom backs officer as motorcycle trader ordered to pay RM80K over TikTok Live defamation

Puspakom Sdn Bhd (Puspakom) has reaffirmed its commitment to integrity and professional conduct following a…

11 hours ago

Huawei FusionSolar9.0 launches in Malaysia with AI-driven, grid-stabilising solar and energy storage solution

Huawei has launched its FusionSolar9.0 Smart PV & ESS solution in Malaysia, marking a shift…

12 hours ago

Hyundai Ioniq 6 N and Ioniq 5 N estimated price in Malaysia starts from RM450k

Hyundai Motor Malaysia (HMY) has officially opened the order books for its upcoming high-performance EV…

1 day ago

WCE now supports TNG eWallet PayDirect at all toll plazas

West Coast Expressway (WCE) is now PayDirect enabled and it is said to be the…

1 day ago

JomCharge x DBKL offers 50% off EV charging in Kepong this weekend

For this coming Labour Day holiday weekend, JomCharge x DBKL are offering 50% discount for…

2 days ago

Volvo offers Selekt certified used EVs from as little as RM153,000

Volvo Car Malaysia has released a limited batch of 100 Volvo Selekt Certified Used Cars…

2 days ago

This website uses cookies.