LeEco looking for exclusive sales opening stories in India

Leeco said it has filed an application with the AFIP for opening retail stores one brand to sell their electronic products
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The smartphone maker, said it "has filed an application with the Commission for the Promotion of Foreign Investment (FIPB) to perform single-brand retail electronics through both stores brick and mortar and e-commerce portal. "

"India is a key Leeco market and we intend to invest significantly in building our business model in the country. We received a great response from consumers so far for our superphone and is now going to strengthen our presence in the market by opening its own stores and e-commerce portal, "said Leeco Intelligent Electronics India COO Atul Jain businessman in a statement.

The company has also sought the relaxation of the rule of domestic supply of 30 percent on what you can bring in "foreground" technology and "state-of-the-art 'presents consumers in India, reported the in a statement.

With plans to open exclusive retail stores wholly owned in major cities 8-10, starting with Delhi, Mumbai, Bangalore, Leeco plans to show its ecosystem ranging from telephones, televisions, VR headset, Bluetooth devices and banks energy.

In addition, the company also opened 500 franchise stores to ensure its consumers to experience its innovative and integrated through its ecosystem of devices offers unique content.

Leeco, which is positioned as a company Internet ecosystem, entered the Indian market earlier this year in January, with the launch of two models of smart phones and smart cycle - Le 1s and Le Max.

"We in Leeco are also aligned with the government 'Make in India' initiative and also plans to start manufacturing in India very soon," Jain said.

Earlier this month, global player also announced the establishment of networks in the enterprise content distribution (CDN) in 10 cities in India by the end of 2016, with an investment of more than $ 10 million (approximately Rs. 66 crores).

Leeco also plans to establish an R & D center in Bangalore with a staff of 1,000 employees at the end of 2016.