Smartphone giant Xiaomi began assembling mobile phones in Bangladesh at its Gazipur factory.
To strengthen the government's vision of a Digital Bangladesh, Chinese smartphone giant Xiaomi started manufacturing its devices locally at a factory in Gazipur. Not only will this enable more foreign direct investment (FDI) into Bangladesh, but the smartphone maker's local factory will also offer smartphones at a more competitive price, as well as offer knowledge transfer, job creation and increased smartphone production capacity.
Xiaomi revealed its "Made in Bangladesh" plan at a special event, where Salman F Rahman, adviser to the prime minister on private industry and investment, and Zunaid Ahmed Palak, state minister for ICT Division, were present. ICT Division State Minister Zunaid Ahmed Palak said that due to Xiaomi's new factory in Gazipur, Bangladeshis will get world-class devices from the brand at a lower price, as they will be manufactured locally.
According to Xiaomi, the plant will be producing approximately 3 million smartphones per year through approximately 1,000 workers, who will be employed in the plant in the initial phase as well as knowledge transfer to develop local skilled workers. “Manufacturing smartphones locally is a significant step towards incorporating Xiaomi into the fabric of Bangladesh in the years to come. We will be able to contribute to generating more jobs in Bangladesh and play a role in enhancing the quality of life of the people of Bangladesh through competitive pricing,” Ziauddin Chowdhury, country manager, Xiaomi Bangladesh told.
“These new generation companies and entrepreneurs will be key to the success of Bangladesh. We have great faith in young leaders and young companies like Xiaomi. We are happy to partner with Xiaomi as they set up their first manufacturing unit in Bangladesh, as part of the Digital Bangladesh initiative. We believe this partnership will provide new opportunities to youth of the country and develop an electronics-manufacturing ecosystem of global standards. We welcome Xiaomi to sunrise Bangladesh,” according to Salman Fazlur Rahman, adviser to the prime minister on private industry and investment.
The plant is located in Gazipur District, near the Bypass Road, Vogra. The factory is situated in a standalone 4-storied building with a total area of around 55,000 sqft.
Mobile handset manufacturing began in Bangladesh in 2017 when Walton started producing electronic products locally, with global giants Samsung, Symphony, Tecno, and other brands such as Infinix, iTel later joining in. Tecno through Transsion Bangladesh Limited produces 800,000 units for three different brands with 1,000+ workers.
The aforementioned brands account for 55% of the smartphone and feature phone demand in the country. The government has so far issued licenses to 13 companies to start production in the country while Nokia is also ready to set up factories in Bangladesh. In 2020, nearly 32 million units were sold in the country among which nine million were smartphones. Experts predict 32 million units to be sold this year with a target of selling 12 million units of smartphones.
The first phone of the company to be assembled in Bangladesh belongs to Redmi sub-brand, which is expected to be available in the market from 1st week of November 2021. Subsequently POCO and Xiaomi series will be made in the country.
To strengthen the government's vision of a Digital Bangladesh, Chinese smartphone giant Xiaomi started manufacturing its devices locally at a factory in Gazipur. Not only will this enable more foreign direct investment (FDI) into Bangladesh, but the smartphone maker's local factory will also offer smartphones at a more competitive price, as well as offer knowledge transfer, job creation and increased smartphone production capacity.
Xiaomi revealed its "Made in Bangladesh" plan at a special event, where Salman F Rahman, adviser to the prime minister on private industry and investment, and Zunaid Ahmed Palak, state minister for ICT Division, were present. ICT Division State Minister Zunaid Ahmed Palak said that due to Xiaomi's new factory in Gazipur, Bangladeshis will get world-class devices from the brand at a lower price, as they will be manufactured locally.
According to Xiaomi, the plant will be producing approximately 3 million smartphones per year through approximately 1,000 workers, who will be employed in the plant in the initial phase as well as knowledge transfer to develop local skilled workers. “Manufacturing smartphones locally is a significant step towards incorporating Xiaomi into the fabric of Bangladesh in the years to come. We will be able to contribute to generating more jobs in Bangladesh and play a role in enhancing the quality of life of the people of Bangladesh through competitive pricing,” Ziauddin Chowdhury, country manager, Xiaomi Bangladesh told.
“These new generation companies and entrepreneurs will be key to the success of Bangladesh. We have great faith in young leaders and young companies like Xiaomi. We are happy to partner with Xiaomi as they set up their first manufacturing unit in Bangladesh, as part of the Digital Bangladesh initiative. We believe this partnership will provide new opportunities to youth of the country and develop an electronics-manufacturing ecosystem of global standards. We welcome Xiaomi to sunrise Bangladesh,” according to Salman Fazlur Rahman, adviser to the prime minister on private industry and investment.
The plant is located in Gazipur District, near the Bypass Road, Vogra. The factory is situated in a standalone 4-storied building with a total area of around 55,000 sqft.
Mobile handset manufacturing began in Bangladesh in 2017 when Walton started producing electronic products locally, with global giants Samsung, Symphony, Tecno, and other brands such as Infinix, iTel later joining in. Tecno through Transsion Bangladesh Limited produces 800,000 units for three different brands with 1,000+ workers.
The aforementioned brands account for 55% of the smartphone and feature phone demand in the country. The government has so far issued licenses to 13 companies to start production in the country while Nokia is also ready to set up factories in Bangladesh. In 2020, nearly 32 million units were sold in the country among which nine million were smartphones. Experts predict 32 million units to be sold this year with a target of selling 12 million units of smartphones.
The first phone of the company to be assembled in Bangladesh belongs to Redmi sub-brand, which is expected to be available in the market from 1st week of November 2021. Subsequently POCO and Xiaomi series will be made in the country.