Xiaomi ups India play, injects $507m in largest investment this year

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

China’s Xiaomi, the top-selling smartphones brand in India, has infused Rs 3,500 crore ($507 million) into its Indian entity, marking its largest investment into the country since it foray about four years ago.

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