Xiaomi seeks exemption from local sourcing rules in India

Xiaomi has sought complete exemption from the mandatory 30 per cent local sourcing norms for opening single brand retail stores in India
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 trading (SBRT) in India. They also want exemption from the ma