In yet another attempt to lure foreign investors to invest in Indian retail sector through the foreign direct investment (FDI) route, the Indian Government is yet again planning to relax local sourcing and investment norms and has ...
Tags: Cabinet Note, FDI Norms
There is huge potential for growth of retail franchising in India, due to expected rise in consumption fueled by population growth, according to a recent report. The report “Collaborating for Growth: Report on Franchising ...
Tags: retail franchising, Apparel
U.S. manufacturing technology orders totaled $430.06 million in May, according to AMT, The Association For Manufacturing Technology. This total was up 13.6% from April but down 7.6% when compared with the total of $465.38 million reported ...
India’s Health ministry is planning to organize an inter-ministerial meeting to inspect that the current foreign direct investment (FDI) limit in the pharma industry is not at the cost of the public health goals. The Department of ...
UK government has collaborated with the county's automotive industry to make GBP1m investments in an advanced propulsion centre (APC) over the next ten years. Both the government and automotive industry will invest GBP500m each in the APC ...
Tags: Vehicle Development, Auto Parts, UK
India’s Minister of Commerce and Industry Anand Sharma will be meeting heads of global retail chains on June 27 to address their concerns related to the Government’s foreign direct investment (FDI) Policy in multi-brand retail ...
Tags: Global Retail Chains, Apparel
The Government should retain its stand on the clarifications issued with regards to foreign direct investment (FDI) in retail, and should not relax any of the conditions under any pressure whatsoever, Confederation of All India Traders ...
Tags: Apparel
The Government of India may further relax or simplify guidelines for foreign direct investment (FDI) in multi-brand retail trading (MBRT), Minister of Commerce and Industry and Textiles, Anand Sharma, has said. The Indian ...
Tags: India, Apparel&Accessories, MBRT
The manufacturer, which specialises in fresh prepared foods, announced today (June 13) that it had completed financial negotiations with banks enabling it to pay off some of its debt and extend existing loan agreements. As a result, ...
Tags: Agriculture, Food
The Ministry of Commerce and Industry, Government of India, has issued a statement clarifying certain points related to 50 percent investment in back-end infrastructure under its foreign direct investment (FDI) policy on multi-brand retail ...
Tags: Apparel, Accessories
Following a sharp fall in 2009, EU27 international trade in goods with Russia has grown strongly since then to reach record levels in 2012. After falling from 105 billion euro in 2008 to 66 bn in 2009, EU27 exports to Russia have risen ...
In response to queries by prospective investors on Indian Government’s foreign direct investment (FDI) in multi-brand retailing, the Ministry of Commerce has issued clarification on the 30 percent souring from small and medium ...
Tags: FDI Policy, small industries
Amazon.com has set up a website with its brand in India, but will not be selling on the site. In line with Indian government rules, the new marketplace Amazon.in is only offering sales and order fulfillment services to Indian retailers. ...
The Government of India is soon likely to issue some clarifications on its foreign direct investment (FDI) policy, which will come into effect "prospectively", Commerce and Industry and Textiles Minister Anand Sharma told media after his ...
Several global players in the fashion and apparel retail sector, including Tesco, IKEA, Walmart and Hennes & Mauritz group (H&M), are planning to expand their business to India through the foreign direct investment route. Recently, ...
Tags: apparel retailers, Apparel