Local Sourcing Norms

'Apple, Acer, Lenovo, OPPO seek relaxation in sourcing norms': Nirmala Sitharaman

Apple India, Acer, Le Ecosystem Technology, Lenovo (India) and OPPO Mobiles have sought relaxation in the local sourcing norms to set up single brand retail stores in India, Parliament was informed today.

Govt may give Apple 3 years respite to setup mandatory local sourcing in India: Report

The government is reportedly planning a (special) arrangement to help Apple out by relaxing the sourcing requirements even further.

Govt rules out easing of sourcing norms for single brand retail

Ruling out relaxation of the mandatory sourcing norm for global retailers who want to set up stores in India, the government said companies have to procure 30 percent of their merchandise requirement from domestic small industries.