By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Reading: Xiaomi Says It Would not Want Authorities Exemption for Commencing Retail Shops in India
Share
Aa
Aa
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Search
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Have an existing account? Sign In
Follow US
© 2023 BeFirsTrank News Network
News

Xiaomi Says It Would not Want Authorities Exemption for Commencing Retail Shops in India

srijita
Last updated: 2016/07/04 at 6:07 AM
By srijita 2 Min Read
Share
SHARE

Xiaomi Says It Doesn't Need Government Exemption for Opening Retail Stores in India

Chinese language cellphone maker Xiaomi Thursday stated it is not in search of exemption from Indian Government to fulfil the 30 percentage nearby sourcing norm, as it already makes seventy five percent of gadgets regionally which can be offered in India.

“We’re manufacturing seventy five percentage of gadgets that we promote in India domestically. From that perspective, we do not Need any kind of exemption. Our application continues to be underneath the purview of the Government. We in all likelihood may be capable of understand about it in some time after which share greater info,” Xiaomi India Head Manu Kumar Jain informed PTI.

Xiaomi, in April this yr, had approached the Branch of Business Policy and Promoting (DIPP) for Commencing unmarried logo retail Stores in India.

Apple too carried out for Starting single brand retail Shops however lobbied tough for the exemption from the mandatory 30 percentage local sourcing announcing that its products have excessive-stop era which could not be sourced from local providers.

Xiaomi additionally sought exemption to begin with however retracted later. The Authorities, on June 20 this yr, relaxed FDI norms by giving a 3-year exemption from local sourcing to foreign players in unmarried-logo retail and a further 5-year relaxation for ‘nation-of-artwork’ and ‘5bf1289bdb38b4a57d54c435c7e4aa1c’ technology.

The decision to relax the norms turned into taken at a excessive-level assembly chaired by Prime Minister Narendra Modi.

Jain turned into speaking at the sidelines of organization’s occasion where it unveiled 4G phone Mi Max with 6.forty four-inch show for a starting charge of Rs. 14,999. The smartphone will begin promoting on Xiaomi’s internet site Mi.Com from July 6 and on other e-commerce structures from July 13.

You Might Also Like

Certified AC Technicians in Ocala: Your Local Cooling Experts

Beyond the Map: What Modern Vehicle Tracking Can Do for Your Business

What Should My Video Game Room Have?

From Traditional Payments to Innovative Solutions: How Car Insurance Is Adapting to Modern Needs

Step by Step in Selling Your Car Online

TAGGED: Authorities, Commencing, Exemption, for, in, India, It, Not, Retail, Says, shops, Want, Would, Xiaomi
srijita July 4, 2016
Share
Previous Article Xiaomi Mi Max India Launch: Police Known as In to Calm Angry Mi ‘Fans’
Next Article Samsung Galaxy Note 7 Iris Scanner Tipped Over again by Sparkling Leaked Image

Calendar

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    

Latest Trending News

  • Buying a Used VW Car in Albuquerque? Here’s What to Know August 21, 2025
  • What to Do If the Trunk of Your Nissan Won’t Open August 20, 2025
  • Fatherhood, marriage, and Longevity in the August 14, 2025
  • Style, Luxury, and Innovation in a New Car Coming in 2024 August 13, 2025
  • Interior of the 2025 Mitsubishi Outlander PHEV August 8, 2025
  • NCAP Rating and Safety Features of the Tata Harrier August 6, 2025
  • Certified AC Technicians in Ocala: Your Local Cooling Experts August 5, 2025

© 2023 Befirstrank News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?