Local Sourcing

Apple won't set up stores in India without exemption the 30% domestic sourcing norm

Apple will not be opening its single brand retail stores in India if the company is not exempted from domestic sourcing regulations according to media reports.

Xiaomi is now willing to follow the 30% local sourcing rule: Report

According to media reports, Xiaomi has withdrawn the request it had earlier made for an exemption from the 30% local sourcing norm.

IKEA will have to resubmit application for opening stores

Swedish home furnishing major IKEA will have to revise its application and reapply to the government for opening stores in India after the relaxation of mandatory sourcing norms for FDI in single brand retail, an senior official said.

Is Ikea right to fret about local sourcing?

According to various media reports, the company has been put off by the local sourcing requirements and decided to enter India only when conditions are better.