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Xiaomi aims to double export of devices from India to 700 mn by 2034 | Mint

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Chinese smartphone maker Xiaomi plans to double its device shipments from India by the next decade, aiming to ship an incremental 700 million devices in the country. The company, which completed a decade in India, is increasing smartphone production in the country and aims to source 55% of non-semiconductor parts locally within the next two years. Xiaomi ended 2023 as the fourth top-selling brand in the India smartphone rankings, with its shipments down 29% last year. The company's India head also emphasized the importance of artificial intelligence and localizing the smartphone supply chain.