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ED Seeks Sales Data From Apple, Xiaomi
Hindustan Times Navi Mumbai
|April 30, 2025
India's financial crime agency has privately sought sales data and other documents from smartphone players including Apple and Xiaomi as part of an investigation into Amazon and Walmart-owned Flipkart, sources familiar with the matter told Reuters.
NEW DELHI:
The agency's queries come in the backdrop of India and the US nearing a trade deal. The protectionist e-commerce regulations in India have been part of those discussions, according to one Indian official, as US authorities have long called for opening up the sector.
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