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Xiaomi to make IoT products in India
Chinese smartphone maker Xiaomi on Friday said it aims to manufacture Internet of Things (IoT)-enabled products like robot vacuum cleaner in India once the market is large enough for consuming such products
New Delhi: Chinese smartphone maker Xiaomi on Friday said it aims to manufacture Internet of Things (IoT)-enabled products like robot vacuum cleaner in India once the market is large enough for consuming such products.
When it comes to IoT-based products, Xiaomi TVs are quote popular along with smart bulbs, air purifiers, water purifiers and smart bands. Apart from TVs, rest of the IoT products are currently being imported. "Our TVs, smartphones and power banks are locally produced in India.
We have 35,000 employees working at our five factories. Similarly, we will start manufacturing our IoT products in India once we are ready and the market is also ready for the same," said Raghu Reddy, Chief Business Officer, Xiaomi India. Xiaomi showcased its Mi Robot Vacuum Mop-P' last month in the India market for Rs 17,999. The company will start shipping the robot vacuum cleaner from September 15 and will offer no-cost EMI for as low as Rs 2,999 per month.
