The Indian government made it possible, from 2006 onward, for foreign retailers to invest up to 51% directly in single brand retail enterprises. By April 2012, the limit was increased to 100% for single brand, and 51% for multi-brand retail, and recently the origin of investments that “count” as FDI has been modified. This means that foreign companies can expand more easily into Indian markets, while invigorating local retailers with badly needed capital. Although in some sectors this ambitious relaxation of restrictions on foreign direct investment has met with opposition, many within India and outside More…![]()
