Xiaomi and Dixon extend partnership to make smartphones in India
Xiaomi and Dixon plan to expand their mobile manufacturing partnership for exports and invest in component manufacturing in India.Dixon's shares increased by 4% following the news.On Tuesday, Xiaomi and Dixon's representatives met with Minister of State for IT Rajeev Chandrasekhar to discuss a proposed initiative.“They apprised me about their partnership for manufacturing & exporting mobile phones from India and plans to invest in component ecosystem,” Rajeev Chandrasekhar said in a tweet."The proposed association…