Govt makes fresh growth push with big-ticket FDI reforms2 min read . Updated: 28 Aug 2019, 11:44 PM IST
- Moves a bid to become part of global supply chain amid trade war disruptions
- All procurements made from India by an entity for a single brand will now be counted towards local sourcing of 30%
New Delhi: The Union cabinet cleared a raft of changes in foreign direct investment (FDI) regulations, including easing rules for overseas single-brand stores and permitting FDI through the automatic route in contract manufacturing and all areas of coal mining.
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