100 per cent Foreign Direct Investment in single-brand retail trading

New Delhi, Jan 10: The Government, which has been facing flak for ‘policy paralysis’, on Tuesday notified 100 per cent Foreign Direct Investment in single-brand retail trading – moving a step forward in opening up of the retail sector.


This FDI limit is up from the extant ceiling of 51 per cent. Investments will be through the Government approval route.

The move will enable multinational majors such as Louis Vuitton, LLadro, Nike, Adidas, Fendi, Gucci and Toyota to fully own and control their operations in India.