India: Foreign Direct Investment in Retail Permitted with Limitations
The Government of India (GOI) foreign investment rules allow 51 percent Foreign Direct Investment (FDI) in multi-brand retail with a minimum investment of $100 million subject to individual state approval. The GOI’s Department of Industrial Policy and Promotion of the Ministry of Commerce and Industries updates and publishes its consolidated policy almost every year. This report illuminates current FDI in various retail format requirements.
India: Foreign Direct Investment in Retail Permitted with Limitations