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

Gentari x MBPP turn on 120kW DC Charger near Maybank Tanjung Bungah

Gentari x MBPP continue to deploy more street-level EV chargers on the Island and the…

11 hours ago

Proton S70 revealed as the official Madani Taxi: A modern makeover for Malaysia’s taxi

Prime Minister Anwar Ibrahim has revealed the Proton S70 1.5T i-GT Premium which was launched…

15 hours ago

Not just for EVs: Malaysian taxis are getting the new JPJePlate

Two years ago, the Road Transport Department (JPJ) introduced the JPJePlate which sets the new…

20 hours ago

Why some ATMs are still charging RM1 for cash withdrawals despite the fee waiver

Effective 1st July 2026, Malaysians can make unlimited ATM cash withdrawals for free at over…

21 hours ago

JomCharge x DBKL turn on new 100kW DC Charger at Kuchai lama

JomCharge x DBKL continue to turn on more street-level EV charging locations in Kuchai Lama…

1 day ago

Porsche Taycan and Macan EV prices surge in Malaysia: Up to RM410k higher

Porsche has recently updated the price of its EV lineup in Malaysia, and the changes…

2 days ago

This website uses cookies.