Consider the following statements related to FDI in retail 1 India allows 100 FDI in single br...........

Economic Affairs Foreign Investment

Consider the following statements related to FDI in retail

1. India allows 100% FDI in single-brand stores but imposed the requirement that the single brand retailer source 30 percent of its goods from India.

2. Government of India allowed 100% FDI in multi-brand retail in India after approval from individual state

Which of the above statements is/are correct?

Only 1

Only 2

Both of above

None of above

Government of India allowed 51% FDI in multi-brand retail in India after approval from individual state.

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