Probe agency Enforcement Directorate has summoned Manu Kumar Jain, Xiaomi's former India managing director, to appear before it in a probe linked to the firm's business practices conformed with Indian foreign exchange laws, sources said today.
Mr Jain has been asked to appear before the investigators by 11 am today at its Delhi headquarters.
Probe agency ED is learnt to have issued summons to Mr Jain earlier asking him to join the investigation against the Chinese firm.
Sources told news agency Press Trust of India that the agency has started an investigation against the Chinese firm in February this year based on some specific inputs and that the former India head of China's Xiaomi Corp, Manu Jain, is asked to share details related to the investigation of whether the company's business practices conformed with Indian foreign exchange laws.
Mr Jain, currently the global vice president at Xiaomi based out of Dubai, was currently in India, the sources told Press Trust of India, though the purpose of his visit was not clear.
Probe agency ED actions indicate its widening scrutiny of the Chinese smartphone maker, whose India office was raided in December last year in a separate investigation over alleged income tax evasion. Some other Chinese smartphone markers were also raided at the time.
According to Press Trust of India, the Enforcement Directorate is probing the existing business structures between Xiaomi India, its contract manufacturers and its parent entity in China, as well as various other things including fund, flows between Xiaomi India and its parent entity.
China's Xiaomi is among the biggest of India's smartphone sellers and the firm reportedly was on top in selling smartphones in India in 2021 followed by South Korea's Samsung Electronics. Xiaomi also deals in other tech gadgets in India, including smartwatches and televisions.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Jacqueline Fernandez Fails To Appear For Probe In Money Laundering Case: Report Victim Of Witch-Hunt, Falsely Implicated: Arvind Kejriwal In Delhi High Court Actor Jacqueline Fernandez Summoned Again In Money Laundering Case BJP Plans UP Overhaul After Lok Sabha Poll Drubbing: Sources In Massive Row Over Karnataka 100% Quota Bill, Chief Minister Deletes Post "I Divorce You... Your Ex-Wife": Dubai Princess Dumps Husband In Insta Post FMGE 2024: Results Out For Foreign Medical Graduates Examination Mercedes-Benz Wishbox Campaign Launched, Aimed To Reinforce Accessibility All You Need To Know About New UK Government's Key Policy Plans Track Latest News Live on NDTV.com and get news updates from India and around the world.