Multinational retailers like Walmart, Carrefour, and Tesco may soon be allowed to open stores in India under strict investment norms and sourcing conditions.
The government is set to introduce new norms for VC and PE funds, aiming for transparency and equitable distribution of investments across sectors, including real estate.
India's government issues guiding principles for FDI norm changes, but remains silent on real estate FDI rule updates, potentially due to concerns over large capital inflows.