Xiaomi withdraws request seeking complete exemption from sourcing norms

Xiaomi in April had approached the Department of Industrial Policy and Promotion (DIPP) for opening single brand retail trading in India. (Twitter/Xiaomi)
Chinese mobile device maker Xiaomi has withdrawn its request seeking complete exemption from the mandatory 30 per cent local sourcing norms for opening single-brand retail stores in India.
The company in April had approached the Department of Industrial Policy and Promotion (DIPP) for opening single brand retail trading in India. “They w