FDI in Retail Sector

• As per extant policy on Foreign Direct Investment (FDI) for the retail sector, FDI is permitted, up to 51%, only in Single Brand product retailing, with prior Government approval and subject to the following conditions:-

1. Products to be sold should be of 'Single Brand' only;
2. Products should be sold under the same brand internationally; and
   
3. 'Single Brand' product-retailing would cover only products which are branded during manufacturing.
   

• The Government has approved 59 cases of single brand retailing since in March 2006, when FDI was allowed in Single Brand Retail, until October, 2010.