Single-brand Retail

Industry experts say that Tesla has been sourcing auto components from the country after signing up non-disclosure agreements

You're likely to be, says Amrita Singh, at OBEETEE Studio, a venerable, nearly century-old carpet-maker's first retail outlet in India

For Apple, India is an important market and the company has been looking for easier norms to set up fully-owned stores like in other parts of the world

Allowing sourcing through a third party or group companies is yet another concession

Big single-brand retail firms may also be permitted to open online stores before setting up brick-and-mortar shops.

The govt may cut the mandatory requirement of 30% local sourcing, which any single-brand retailer with more than 51% FDI has to comply with, by half