Contract Manufacturing

Union Cabinet to consider relaxing FDI norms in single brand retail, digital media today

FDI helps in improving the country's balance of payments situation and strengthen the rupee value against other global currencies, especially the US dollar.

Govt to soon consider relaxing FDI norms in single brand, digital media; move aims at attracting foreign players

The government may allow 100% FDI in contract manufacturing, according to the proposal.