Xiaomi component supplier, Holitech, to invest $200 mn in country over 3 years

Expanding its manufacturing base in India, Xiaomi on Saturday announced that Holitech Technology, a global component supplier, has inaugurated its first component manufacturing plant in India.

Holitech Technology has established its operations in Greater Noida and was first invited by Xiaomi in Q1 2018 to investigate local manufacturing opportunities during its ‘Supplier Investment Summit’.