Tag «FDI in retail»

Sourcing Requirement of FDI in Retail

Government announced the decision to permit FDI, up to 51%, in multi-brand retail trading, vide Press Note No. 5 (2012 Series) dated 20.9.2012, subject to specified conditions, including, inter-alia, the following: At least 30% of the value of procurement of manufactured/ processed products purchased shall be sourced from Indian `small industries` which have a total …