Economic Reforms

Cap on Foreign Direct Investment Increased

The Department of Industrial Policy and Promotion (DIPP) released certain changes in the Foreign Direct Investment (FDI) Policy.


Single Brand Product Retail Trading: Single brand retail stores are those that carry products sold only under one brand. 100% FDI will be automatically allowed for such retail trading. In cases where the FDI exceeds 51%, 30% of the value of goods purchased must be from India. Such mandatory sourcing requirements, must be met as an average, in the initial five years. After the initial five years, the requirement must be met on an annual basis.

Civil Aviation: ....

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Indian Economy