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Easier sourcing rule for foreign investors soon, says report

Updated : January 23, 2019 10:37 AM IST

The new policy will provide foreign investors more time to comply with the 30 percent mandatory domestic sourcing rule, a source privy to the matter told the newspaper.
Last year, the government allowed up to 100 percent FDI in single-brand retail via automatic route, replacing the need to seek its approval for any foreign investment beyond the 49 percent mark.
Easier sourcing rule for foreign investors soon, says report

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