<h1>India's Single Brand Retail Trade FDI Policy: 100% FDI Allowed, Local Sourcing Norms Apply for Investments Over 51.</h1> The Foreign Direct Investment (FDI) policy for Single Brand Retail Trade (SBRT) in India, operational since 2006, allows up to 100% FDI under the automatic route. As of April 2019, the sector received USD 1,636.24 million in FDI. A committee evaluates applications for exemptions from local sourcing norms for state-of-the-art technology products, but no waivers have been granted. SBRT requires 30% local sourcing for investments beyond 51%, with specific conditions for incremental sourcing and e-commerce operations. Indian brands owned by residents are exempt from certain conditions. The policy aims to boost investment, production, and competitiveness in India.