India’s single-brand retail FDI fell 63% in FY26 despite unchanged liberalised rules
India retains 100% automatic-route FDI for single-brand retail and permits 51% in multi-brand retail with approval. Single-brand inflows fell to $179.25 million in FY2025-26 from $486.66 million in FY2021-22, while multi-brand inflows rose to $9.7 million from $7.47 million.
India reiterated retail FDI rules: 100% automatic-route investment for single-brand retail and 51% approval-route investment for multi-brand retail. Single-brand inflows fell to $179.25 million in FY26, while multi-brand inflows rose to $9.7 million.
Why this matters
The FDI update extends the Government of India’s recent retail-adjacent policy activity, following its E20 rollout defence and approval of a ₹62,500-crore mobile manufacturing incentive scheme.
Retail-company signals are accelerating, up +955300% QoQ.