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Legal Briefing
Opening times? India allows 100 per cent foreign ownership of Single Brand Retail businesses
Practice Area: Sale and Supply of Goods and Services
Sector: Business services
Jurisdiction: India
Published: 23 January 2012
Law Firm: Field Fisher Waterhouse
Overview
On 10 January 2012, the Government of India announced that the limit for foreign shareholding in an Indian company involved in single brand retail will be increased from 51 per cent to 100 per cent. This briefing outlines the details, the conditions which need further clarification and some potential issues for foreign brand owners.
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