Xiaomi CEO Lei Jun meets Indian PM Modi, discusses creating 20,000 jobs

Xiaomi CEO Meets PM Modi

Xiaomi CEO Lei Jun met the Indian Prime Minister Narendra Modi on Tuesday, March 28.

During his meeting with the PM, Lei Jun discussed companies manufacturing and growth plans in India.

He has also met with Union Finance Minister Arun Jaitley and Information Technology Minister Ravi Shankar Prasad.

Lei Jun said, India is one of the major and important markets for Xiaomi and the company is aiming to create 20,000 jobs in the next three years.

Xiaomi has started its journey in India at 2014 and logged $1 billion revenue last year.

The company already set-up its first own manufacturing plant in India and 75 percent of its phones were being manufactured in India.

The first manufacturing plant creates employment opportunity for 5,000 people from the neighborhood and 90% of them are women.

The company has also announced its second manufacturing unit in partnership with Taiwanese electronics major Foxconn in Andhra Pradesh.

He also spoke about China’s “Internet Plus” policy during the meetup.

“Internet Plus action plan is a new form of economic plan where the internet is integrated with traditional industries encouraging to the spirit of excellence in these industries and drive economic growth,”-he said.

Xiaomi CEO Lei Jun also present newly launched make in India phone Redmi 4A to PM Modi.

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