Explain the government of India policy on FDI in Single Brand Retail.
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The FDI policy allows 100% foreign investment in single-brand retail under the automatic route but requires the investor to source 30% of the value of goods sold from India.
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- FDI in retail industry means that foreign companies in certainly categories can sell products through their own retail shop in the country.
- Government of India has allowed FDI in retail of specific brand of products.
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