<h1>India Allows 100% Foreign Direct Investment in Single Brand Retail; 30% Local Sourcing Required for FDI Over 51.</h1> The Indian government has announced a policy allowing 100 percent foreign direct investment (FDI) in single brand retail. This decision, made by the Department of Industrial Policy and Promotion under the Ministry of Commerce and Industry, aims to attract global retailers to the Indian market. For FDI exceeding 51 percent, there is a requirement to source at least 30 percent of the product value from Indian small industries, artisans, and craftsmen. This policy is expected to boost domestic manufacturing, enhance value addition, and support technical upgrades in local small industries.