In August last year, Xiaomi had partnered Taiwanese firm Foxconn to set up local assembly of its phones to cater to one of the world's fastest growing smartphone markets globally.

"Within months, we have seen the unit being ramped up and now 75 percent of phones are Made in India. It is a herculean feat that we have been able to do," Xiaomi Global Vice President Hugo Barra said.
    
He, however, declined to disclose details on sales and production numbers. India is one of the largest markets for Xiaomi globally. The company assembles devices like Redmi 2 and Redmi Note in India.

Xiaomi also launched its latest device: Redmi Note 3 here, priced at Rs 9,999 onwards. The device had made a global debut in November last year. The company has already sold one million units of Redmi Note that was launched in 2014.

The Redmi Note 3 features Qualcomm's Snapdragon 650 chipset and will come in two variants - 16 GB (with 2 GB of RAM) and 32 GB (with 3 GB of RAM) for Rs 11,999.

With its price tag, the handset will compete with the likes of Lenovo's Vibe K4 Note and LeEco's Le 1s. The device will go on sale on March 9 on Mi.com and Amazon.in.