Redmi 2, Redmi Note smartphone maker Xiaomi seeks total exemption from sourcing norms in India

India is one of the biggest markets for Xiaomi globally, which assembles devices like Redmi 2 and Redmi Note at the manufacturing facility of Foxconn, a leading contract manufacturer. (Reuters) Chinese mobile device maker Xiaomi has sought complete exemption from the mandatory 30 per cent 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 trad