<h1>FDI Policy: Multi-Brand Retail Must Source 30% Locally, Invest 50% in New Infrastructure, No E-Commerce Allowed.</h1> The FDI policy for multi-brand retail trading clarifies that foreign investors must source 30% of goods from small industries with investments up to USD 1 million, specifically for front-end stores. Investments in back-end infrastructure must be new, not acquired, and 50% of FDI must be allocated to this purpose. The policy prohibits retailing through wholesale or franchise models, requiring company-owned operations. States can impose additional conditions, but any policy changes are central government jurisdiction. E-commerce for multi-brand retail is not allowed, and investments must be in new retail setups, not acquisitions. Population data for city eligibility is based on the 2011 census.