Yes, entities with foreign direct investments can undertake B2B retail under the following model:
This is a model wherein the international retailer enters India and sells to other vendors/businesses in B2B model as well as having own single brand stores (B2C)
Please note: A wholesale/cash & carry trader can undertake retail trading, subject to the conditions as applicable. An entity undertaking wholesale/cash and carry as well as retail business will be mandated to maintain separate books of accounts for these two arms of the business and duly audited by the statutory auditors.
Conditions of the FDI policy for wholesale/cash and carry business and for retail business have to be separately complied with by the respective business arms.
•    Examples of Companies: Cartier, Dyson
For any further queries, please write to us at retail@investindia.org.in