The Indian government is reportedly considering allowing foreign direct investment in multi-brand retailing in a bid to make the country more attractive to international investors.

Citing senior officials, The Times of India reported today (10 March) reported that the country’s government is considering first allowing international retailers to open shop in metropolitan areas. Overseas retailers would remain limited to wholesale operations in smaller towns and cities.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The move is reportedly being piloted by the Department of Industrial Policy and Promotion. A spokesperson for the department declined to comment when contacted by just-food.

“We are always assessing the best means to promote Indian businesses and economy. This is an ongoing process,” the spokesperson said.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now