An Indian government panel is said to have recommended easing restrictions on Foreign Direct Investment in Indian retail, which could allow international companies to own as much as 51% of multichannel retailers if they invest a minimum of $100m (£61.3m). This would allow retailers such as Walmart and Carrefour access to the Indian retail market in their own right. According to a Finance Ministry official, a panel of bureaucrats recommended the change, which is yet to be reviewed by the Indian cabinet.