Single-brand Retail

Electric carmaker Tesla plans fully-owned retail outlets in India

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

OBEETEE Studio in Delhi is the grand brand's first retail outlet in India

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

Apple stores in India? iPhone maker says its plans will 'take some time'

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

Budget impact: Exports may be counted as local sourcing for retail

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

Govt to relax mandatory 30% local sourcing norms for single-brand retailers

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

Govt may relax sourcing norms for single-brand retail

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