Review of the policy on foreign direct investment in the Multi Brand Retail Trading Sector- amendment of paragraph 6.2.16.5(2) of ‘Circular 1 of 2013-Consolidated FDI Policy’
Government of India
Ministry of Commerce & Industry
Department of Industrial Policy & Promotion
Press Note No. 1 (2013 Series)
Subject: Review of the policy on foreign direct investment in the Multi Brand Retail Trading Sector- amendment of paragraph 6.2.16.5(2) of ‘Circular 1 of 2013-Consolidated FDI Policy’
1.0 Present Position:
1.1 As per paragraph 6.2.16.5 of `Circular 1 of 2013- Consolidated FD1 Policy’, effective from 5.4.2013, FDI, up to 51%, under the government approval route, is permitted in the multi-brand retail trading sector, subject to specified conditions.
1.2 The list of States/Union Territories which have conveyed their agreement for the policy in Multi-brand retail trading is contained in Paragraph 6.2.16.5 (2) of the said Circular, as under:
6.2.16.5 (2) LIST OF STATES/ UNION TERRITORIES AS MENTIONED IN PARAGRAPH 6.2.16.5(1)(viii)
1. Andhra Pradesh
2. Assam
3. Delhi
4. Haryana
5. Jammu & Kashmir
6. Maharashtra
7. Manipur
8. Rajasthan
9. Uttarakhand
10. Daman & Diu and Dadra and Nagar Haveli (Union Territories)
2.0 Revised Position:
2.1 The Government of Himachal Pradesh has given its consent to implement the policy on multi-brand retail trading in Himachal Pradesh in terms of paragraph 6.2.16.5 (1) (viii). The list of States/ Union Territories as at paragraph 6.2.16.5 (2) therefore, is amended to read as below:
S.No. | Sector/ Activity | % of FDI Cap/ Equity | Entry route |
6.2.16.5 | Multi Brand Retail Trading | 51% | Government |
(1) FDI in…
(2) LIST OF STATES/ UNION TERRITORIES AS MENTIONED IN PARAGRAPH 6.2.16.5(1)(viii) 1. Andhra Pradesh 2. Assam 3. Delhi 4. Haryana 5. Himachal Pradesh 6. Jammu & Kashmir 7. Maharashtra 8. Manipur 9. Rajasthan 10. Uttarakhand 11. Daman & Diu and Dadra and Nagar Haveli (Union Territories) |
3.0 The above decision will take immediate effect.
(D.V. Pasad)
Joint Secretary to the Government of India
D/o IPP File No.: No. 5/12/2010-FC.I dated: 3 June, 2013
Copy forwarded to:
1. Press Information Officer, Press Information Bureau- forgiving necessary publicity.
2. BE Section in the Department of Industrial Policy and Promotion-for uploading the Press Note on DIPP’s website.
3. Hindi Division, DIPP for providing Hindi version.