Trouble for Xiaomi: FEMA authority approves India's biggest seizure order against Chinese mobile company
Xiaomi is a trader and distributor of mobile phones in the country under the brand name of MI and Xiaomi India is a wholly-owned subsidiary of China-based Xiaomi Group.
The order has been issued under section 37A of the FEMA against Xiaomi Technology India Private Ltd, the federal agency said in a statement. Reuters pic