Clarification on FDI Policy on Contract Manufacturing

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..... turing This Department has received representations from various business entities regarding clarification on FDI Policy on Contract Manufacturing as contained in para 5.2.5.1 of Press Note 4 (2019). In this regard, it is hereby clarified that: S. No Issue Clarification .....

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..... 2 If contract manufacturing will be deemed as manufacturing under Regulation 16 of TISPRO, would the Principal entity which has outsourced the manufacturing to the Contractor be eligible to sell the products so manufactured through wholesale, retail or e-commerce on the same footing as an entity which manufactures directly. .....

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