JSA recently advised one of its clients (currently operating in the food catering space in India) in successfully securing the approval of the Government of India for undertaking retail trading of food and beverages manufactured or produced in India by other manufacturers.
In addition to granting approval for undertaking such trading through brick and mortar stores, the Government of India has also extended the approval for undertaking food product trading through an e-commerce platform, subject to compliances with relevant conditions.
Since approvals of this nature are not common due to the regulated nature of the food trading sector, this is a key milestone for us, and exhibits our expertise in assisting our clients in navigating complex regulatory frameworks.
Our transaction team comprised Lead Partner – Sidharrth Shankar, Partner – Nandini Seth, Principal Associate – Aditya Vardhan Dayal, and Senior Associate – Rishika Agarwal.
Nandini specializes in private equity transactions, and cross border mergers and acquisitions. She deals with a wide variety of matters including structuring of investments, and setting up of efficient and regulatory compliant operations in India.