Latest News on Local Sourcing Norms
Showing of 0 - 10 from 5 results
Local Sourcing Norms - Total results - 5
Jan 24, 2019
Govt may relax mandatory 30% local sourcing norms for single-brand retailers to attract big foreign playersSingle-brand foreign retailers may be allowed to adjust the incremental sourcing of goods from India for global operations during the initial 10 years
Dec 13, 2018
Hindustan Unilever pitches for reducing corporate tax rate; urges govt to relax local sourcing normsIn February this year, Finance Minister Arun Jaitley lowered corporate tax rate to 25 percent for businesses with turnover up to Rs 250 crore.
Aug 08, 2016
'Apple, Acer, Lenovo, OPPO seek relaxation in sourcing norms': Nirmala SitharamanApple 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.
Jun 06, 2016
Govt may give Apple 3 years respite to setup mandatory local sourcing in India: ReportThe government is reportedly planning a (special) arrangement to help Apple out by relaxing the sourcing requirements even further.
Sep 05, 2012
Govt rules out easing of sourcing norms for single brand retailRuling 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.