Xiaomi has more Indian than local handset companies, says Manu jain

Xiaomi has more Indian than local handset companies, says Manu jain: The Xiaomi India MD, Manu Jain said his company was more Indian than Indian handset companies. It made all its smartphones and most of its smart TVs here and sourced, on average, 65% of its components locally. It has a completely local leadership, and has generated employment for 50,000 people. “And 100% of the data of Indian users stays in India,” he said.

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