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 »
Chinese mobile device maker Xiaomi Monday confirmed that it has initiated a process to set up single-brand retail stores and expects to complete the same in the next few weeks. “We have initiated the process and submitted a few documents online. However, this is very preliminary and the process will only be completed over the next few weeks, after which ... Read More »
Motorola on Thursday announced that its recently launched smartphones with shatterproof screen – the Moto X Force, is now available with 400 retail stores in India. The smartphone was until now available to buy online from Flipkart, Amazon, and Snapdeal for Rs. 49,999. Some of the physical retail stores where the Moto X Force (Review) will be reaching are Croma, ... Read More »
Apple has been lately making moves to get approval to open its own retail stores in India, as it seeks to tap the second biggest smartphone market in the world. In the meanwhile, Tim Cook, the company’s chief executive, was recently quoted saying that Apple was was looking to bring its retail stores to the country. Now, a new report ... Read More »
Apple is getting serious about India. The iPhone maker sees the country as one of the most important growth areas, Tim Cook, company’s chief executive was cited as saying. Cook also confirmed that Apple is in early stages to bring its official retail stores in India. As Apple worries of slowing growth in its main markets, the Cupertino-based giant is ... Read More »
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