China's Xiaomi says parts supplier Holitech to invest $200m in India

China's Xiaomi says parts supplier Holitech to invest $200m in India

A "MI" logo stands outside the main entrance of the Xiaomi Corp. headquarters in Beijing, China. Photographer: Edmond Lococo/Bloomberg

China’s Xiaomi Corp said on Monday its component supplier Holitech Technology would invest about $200 million in three years in India which is the world’s second-biggest smartphone market.

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