Single-brand retail FDI: exclusive non-resident licensee requirement and mandatory domestic sourcing, with e-commerce barred. Amendment to the Single-Brand Product Retail Trading FDI policy permits 100% FDI with government approval but requires that only one non-resident entity, whether brand owner or licensee, undertake single-brand retailing for a specific brand through a legally tenable agreement; the Indian operating company must ensure compliance and submit the licensing agreement. FDI beyond a majority threshold requires domestic sourcing of thirty per cent of goods' value, preferably from MSMEs and related suppliers, self-certified and auditable, initially averaged over five years and thereafter annually. E-commerce retailing by FDI-backed single-brand companies is prohibited.
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Provisions expressly mentioned in the judgment/order text.
Single-brand retail FDI: exclusive non-resident licensee requirement and mandatory domestic sourcing, with e-commerce barred.
Amendment to the Single-Brand Product Retail Trading FDI policy permits 100% FDI with government approval but requires that only one non-resident entity, whether brand owner or licensee, undertake single-brand retailing for a specific brand through a legally tenable agreement; the Indian operating company must ensure compliance and submit the licensing agreement. FDI beyond a majority threshold requires domestic sourcing of thirty per cent of goods' value, preferably from MSMEs and related suppliers, self-certified and auditable, initially averaged over five years and thereafter annually. E-commerce retailing by FDI-backed single-brand companies is prohibited.
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