Holitech Technology inaugurates its first India component manufacturing plant

Xiaomi, India’s number 1 smartphone brand and Smart TV brand today announced that Holitech Technology, a global component supplier has inaugurated its first component manufacturing plant in India. Holitech Technology has built its operations in Greater Noida in the state of Uttar Pradesh and was first invited by Xiaomi in Q1 2018 to investigate local manufacturing opportunities during its ‘Supplier Investment Summit’.

Holitech Technology would be investing nearly 200 million USD over three years in the country and would be manufacturing Compact Camera Modules (CCM), Capacitive Touch Screen module (CTP), Thin Film Transistor (TFT), Flexible Printed Circuits (FPC), and fingerprint module locally. The local manufacturing plant is ready and will be in production within Q3, 2019 and it aims to generate 6000 jobs in three years.