Tag Archives: Sourcing

LeEco India Seeks Exemption From neighborhood Sourcing Norms for Retail shops

chinese language handset maker LeEco has requested the government to relax obligatory sourcing norms for the agency as it looks to ramp up its retail presence within the u . s . a .. LeEco, which entered the Indian marketplace in January this 12 months, had filed an application with the overseas investment advertising Board (FIPB), latest popularity of beginning ... Read More »

Xiaomi Withdraws Request for Exemption From Sourcing Norms

chinese mobile device maker Xiaomi has withdrawn its request in search statemodern complete exemption from the mandatory 30 percent local sourcing norms for opening single-emblem retail stores in India. The agency in April had approached the department ultra-modern commercial coverage and promotion (DIPP) for establishing unmarried brand retail buying and selling in India. “They were modern-day exemption from the required ... Read More »

government Says No to Apple local Sourcing Waiver: report

India has said Apple Inc have to meet a rule obliging foreign stores to promote at least 30 percent domestically-sourced goods if it needs to open stores within the country, a senior authorities respectable told Reuters. Apple is hoping to expand its retail presence in India, one of the world’s quickest-developing cellphone markets, at a time while sales within the ... 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 ... Read More »