FDI policy w.r.t. Indian Brands
It has been clarified
that Indian brands are equally eligible for undertaking SBRT. It has been
decided that certain conditions of the FDI policy on the sector namely; products
to be sold under the same brand internationally and investment by non-resident
entity/ entities as the brand owner or under legally tenable agreement with the
brand owner, will not be made applicable in case of FDI in Indian brands.
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