Noida: Xiaomi supplier Holitech Technology on Saturday said it has inaugurated its first component manufacturing plant in Greater Noida and will invest nearly $200 million over three years in the country. Holitech Technology 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 the third quarter of this year and aims to generate 6,000 jobs in three years, Xiaomi said. Also Read – Spotify rolls out Siri support, new Apple TV app Spread across four factories and spanning over 25,000 square metres, the component manufacturing plant will start mass production with a production capacity of over 300 million components per year. “Xiaomi has witnessed significant growth in the country and we are positive that Holitech’s plans for India will herald a new stage of evolution for the electronics manufacturing industry in India,” Muralikrishnan B, Chief Operating Officer, Xiaomi India, said in a statement. Also Read – New Instagram tool to help users spot phishing emails The plant also boasts of class 1000 and class 100 clean room. A clean room is a contained space where provisions are made to reduce particulate contamination and control other environmental parameters such as temperature, humidity and pressure. “The phenomenal growth of Xiaomi along with their initiatives to promote local manufacturing has encouraged us to explore component manufacturing for Xiaomi in India,” said Chenguisheng, CEO, Holitech Technology.
The Minister said that the United National Party could have formed a Government on its own after the Parliamentary election last year. The Government says it has strong international support as a result of the measures taken to establish democracy in the country.United National Party parliamentarian and Minister Lakshman Kiriella said that the Government has been able to bridge the gap between all communities. He urged the public to protect the Government and give it time as it rebuilds the country. However he recalled that it was decided that the two main political parties must join hands and form a cohabitation Government to rebuild the country.Lakshman Kiriella also dismissed the allegations being raised by the opposition on the proposed deal with India. He said that the opposition is making false claims by saying that local doctors will lose their jobs as a result of the proposed agreement.The Minister insisted that the jobs of Sri Lankan doctors is not at risk as claimed by the opposition and that the agreement will not pose any harm to the country.He said that Prime Minister Ranil Wickremesinghe and others in the Government have closely studied the proposal before deciding to go ahead with it. (Colombo Gazette)