Tata pioneers as 1st Indian to invest in Xiaomi

Published on April 27, 2015 16:11:54 PM
Business
Pioneering as the first Indian to invest in the smartphone maker, Ratan Tata has acquired stake in Xiaomi, Chinese handset maker.

Tata has acquired the stake from his personal capacity and the details of the deal are not yet disclosed.

Xiaomi India’s head Manu Jain expressed the company’s willingness to take Tata’s advice to make Xiaomi an Indian company.