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ISSUE 59
10 / 09 / 2019
d-talk

Single-brand retailers allowed to sell online-first in India!

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Single-brand retailers allowed to sell online-first in India!
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The government has recently relaxed the norms for single-brand retailers who have foreign investment to attract global players. They are now permitted to sell goods through online stores first to tap into the domestic market, before opening brick-and-mortar stores within two years. It has also relaxed certain provisions for complying with the mandatory 30 per cent local sourcing requirements.

 

https://retail.economictimes.indiatimes.com/news/industry/allowing-single-brand-retailers-to-sell-online-first-to-help-global-firms-tap-indian-market-deloitte/70931344

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