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China's Xiaomi Begins Making Smartphones in India

Chinese company Xiaomi has tied up with technology giant Foxconn to set up its first facility to make smart phones in India – the world’s fastest growing smartphone market. Foxconn has also announced other investments in India, giving a boost to Prime Minister Narendra Modi’s bid to turn India into a manufacturing hub. Xiaomi’s Redmi2 Prime smartphone, priced at about $110, began rolling out from a factory in Sri City in southern Andhra Pradesh state this week. The Chinese company...

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