110,000 smartphones to be distributed among farmersThe move could boost Prime Minister’s Narendra Modi’s flagship ‘Make in India’ drive. Modi wants to turn India into a global manufacturing hub in a bid to boost job growth in Asia’s third-largest economy. Xiaomi, which has unseated Korean rival Samsung to take the pole position in India’s smartphone market, hosted 50 of its global suppliers in New Delhi at an investment summit on Monday, which was also attended by key Indian officials. Samsung to start building new China memory chip lineIf all 50 suppliers were to set up shop in India, it would bring in $2.5 billion in investment and create as many as 50,000 jobs, Xiaomi said. Xiaomi itself now has six smartphone manufacturing plants in India, its biggest market behind China.

Source: The Express Tribune April 09, 2018 07:30 UTC