"With these two new smartphone manufacturing partners, we now have presence across northern and southern parts of the country," Jain told IANS.
"With the DBG factory going live we expect our production capacity to increase by about 20 per cent within this quarter. This factory went live two months ago. The BYD factory should be operational within the first half of this year and we expect the capacity to further increase," he said.
The Xiaomi India MD said that the new manufacturing facilities will help the biggest smartphone seller in the country to meet the "massive demand" and help the company stay protected in case of any future supply chain disruptions in situations like a pandemic or other such events.
He said that majority of the smartphone components are also now locally manufactured in India or locally sourced, including the PCBA (Printed Circuit Board Assembly), battery, sub-board and chargers, among other components.
"If you add all of this together then approximately 75 per cent of the phone is already covered from a value perspective," he said, adding that the company is also working with partners to manufacture the camera panel locally in India.
"Total number of people working in our smartphone factories as part of the Xiaomi family has gone up to 30,000."
In addition to these two new smartphone manufacturing partners, Xiaomi also added one new TV manufacturing partner Radiant which is based in Telangana.
"We are now locally manufacturing 100 per cent our TVs sold in India," Jain said.
Xiaomi started TV manufacturing in India in partnership with Dixon Technologies about two years ago.
About 1,000 people are working across these two factories, Xiaomi said.
The number of people working with Xiaomi and its partners who are exclusively working for Xiaomi products have gone from 50,000 last year to 60,000 now, Jain said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.