Xiaomi vs India Directorate: A Harsh Battle - Kalra, Reuters

Xiaomi vs India Directorate: A Harsh Battle – Kalra, Reuters

The global smartphone manufacturer Xiaomi recently found itself in a rather embattled legal battle with the Indian Directorate of Enforcement (ED) over alleged violations of foreign exchange trade regulations. The Chinese smartphone manufacturer and its global investors were accused of bypassing the Foreign Exchange Management Act in order to bring investment into India. The battle…

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India: Directorate Takes Aim at Xiaomi - Kalra, Reuters

India: Directorate Takes Aim at Xiaomi – Kalra, Reuters

The Indian government has taken aim at Chinese electronics giant, Xiaomi, which is expanding into the Indian market. The Indian Directorate General of Anti-Dumping (DGAD) has carried out investigations into the company’s pricing structure and business model, and has determined that Xiaomi is engaged in “dumping,” or selling products in India below cost price. The…

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