Chandrababu keen on bringing Xiaomi to AP

Andhra Pradesh Chief Minister Chandrababu Naidu who is currently in China Tour met the executives of Chinese low-cost smart phone maker Xiaomi and electronics manufacturer Foxconn a short while ago. The Chief Minister informed the company about the advantages of setting up a manufacturing unit in Andhra Pradesh.

Chandrababu Naidu explained the company executives about the 21 day clearance mechanism for industries, abundant availability of water and land. The company officials informed the Chief Minister that they will meet him with a detailed proposal in June or July.

ADVERTISEMENT

Xiaomi company’s smartphone sales alone totaled USD 335 million and off late they have grown very popular with the Indian users too. The company is looking at USD 3.5 billion investment in India in the next two-three years which would span across smartphones, software, TVs and other electronics.

Share
Sridhar Raavi

Sridhar is a highly experienced hand in Telugu politics, writing and analyzing political happenings in Andhra Pradesh and Telangana. An IT engineer turned news junkie, Sridhar has a sharp eye for catching news as it u…

Published by

Recent Posts

Dorothy LGBTQ Climax: Karthik Subbaraj’s Bold Defense?

Following the terrible failure of Retro, Karthik Subbaraj returned with his indie film, which is…

57 minutes ago

Prabhas Unveils Romeo Juliet Story

Harshith and Vishaka Dhiman play the lead pair in Romeo Juliet, directed by Bhargav Macharla…

1 hour ago