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Holitech Technology signed an MoU with the Andhra Pradesh government to set up a new plant in Tirupati with an investment of $200 million (Rs 1,400 crore) over three years, producing camera modules, touch screen panels, and other components exclusively for Xiaomi.
“From moving from assembling to making components in India will give a push to ‘Make in India’ programme.”telecom.economictimes.indiatimes.com
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