Holi 2016: Xiaomi announces ‘colourful’ offers

Xiaomi India has got some colurful offers this Holi. The company is introducing a colouful range to its Bluetooth speakers which are available in five different colors and will be sold exclusively on the company’s official website Mi.com starting 10AM today (March 22).

As part of the Holi offerings, the company’s 10,400mAH power bank (Rs 1,099), White LED Mi Band and Mi In-Ear headphones are available in open sale. The company is also offering discounts on Redmi Note 3 cases. The cases are also available in a range of colours.

The Chinese smartphone maker Xiaomi recently announced that it plans to set up two manufacturing plants in India and launch more devices this year as it ramps up its presence in the world’s fastest growing market amid a cooling in its home market.

Bin Lin, billionaire co-founder and president at Xiaomi, told ET that he will be spending a lot more time in India, underlining the South Asian nation’s importance amid challenges in its biggest market, China.

The India plan includes manufacturing of handset peripherals and components, he said.

“We believe it (China) will be a flat market, if not, even decline,” said 48-year-old Lin, worth nearly $1.1 billion (Rs 7,480 crore) as per the Forbes list of billionaires.

Xiaomi entered India in July 2014, and started local manufacturing just over a year later. It has partnered with the world’s largest contract manufacturer, Foxconn, which now makes 75% of the company’s phones at its plant in Andhra Pradesh. Xiaomi sells well over 1 million phones a quarter.

[Source:- Indiatimes]