You are here

Xiaomi Says It Does not Need Government Exemption for Beginning Retail Shops in India

Chinese telephone maker Xiaomi Thursday said it isn’t seeking exemption from Indian Authorities to fulfil the 30 percentage neighborhood sourcing norm, as it already makes 75 percent of devices locally that are sold in India. “We’re production seventy five percent of devices that we promote in India regionally. From that attitude, we do not Want any sort of exemption. Our application remains beneath the purview of the Authorities. We probably might be able to know approximately it in a while and then proportion greater information,” Xiaomi India Head Manu Kumar…

Read More

Mi Stores in India: Xiaomi Seeks Exemption From Local Sourcing Norms

Chinese mobile device maker Xiaomi has sought complete exemption from the mandatory 30 percent local sourcing norms for opening single brand retail stores in India. “The company has sought permission from the Department of Industrial Policy and Promotion (DIPP)for opening single brand retail trading (SBRT) in India. They also want exemption from the mandatory local sourcing norms,” sources said. When contacted about the matter, the company said: “We have filed an application for SBRT but would be unable to share more details as it is still at a nascent stage.”…

Read More