Clarification on FDI Policy on Contract Manufacturing

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....uring This Department has received representations from various business entities  regarding clarification on FDI Policy on Contract Manufacturing as contained in para 5.2.5.1 of Press Note 4 (2019). In this regard, it is hereby clarified that: S. No Issue Clarification 1 Whether, an entity having foreign direct investment ("Principal") will be deemed to be a m....

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.... Contractor be eligible to sell the products so manufactured through wholesale, retail or e-commerce on the same footing as an entity which manufactures directly. As clarified above, contract manufacturing in India is also covered under the definition of manufacturing provided the manufacturing is   done  with third party under a legally tenable contract. Further, ....