FDI in multi brand retail: permitted under government route with conditions on minimum investment, local sourcing and backend infrastructure. The Government permits FDI up to 51% in Multi Brand Retail Trading under the Government route, subject to conditions: a prescribed minimum foreign investment threshold; mandated investment of a specified portion of total FDI into defined back end infrastructure within a set period (excluding land costs and rentals); a local procurement obligation from Indian small industries based on installation time investment valuation; investor self certification with auditor certified accounts; outlet location restrictions tied to city population and master/zonal plans; government first right on agricultural procurement; prohibition of e commerce retailing by FDI owned multi brand retailers; and requirement of State consent and central processing before approval.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
FDI in multi brand retail: permitted under government route with conditions on minimum investment, local sourcing and backend infrastructure.
The Government permits FDI up to 51% in Multi Brand Retail Trading under the Government route, subject to conditions: a prescribed minimum foreign investment threshold; mandated investment of a specified portion of total FDI into defined back end infrastructure within a set period (excluding land costs and rentals); a local procurement obligation from Indian small industries based on installation time investment valuation; investor self certification with auditor certified accounts; outlet location restrictions tied to city population and master/zonal plans; government first right on agricultural procurement; prohibition of e commerce retailing by FDI owned multi brand retailers; and requirement of State consent and central processing before approval.
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