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Legal Briefing
Every little helps: India opens up supermarket investment
Practice Area: Sale and Supply of Goods and Services
Sector: Retailing and services
Jurisdiction: India
Published: 29 November 2011
Law Firm: Eversheds
Overview
India has decided to allow foreign companies to invest up to 51% in "multi-brand retailers", as supermarkets are known in India, with the balance to be held by Indian entities. The move grants access to foreign supermarket giants for the first time. In this briefing, Parmjit Singh, Head of the India Group at Eversheds, comments on the pro-liberalisation move.
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