The government is working on guidelines for e-commerce sector in the backdrop of ongoing tussle between online and offline retailers, according to media reports quoting a top government official has said. The government is aware of the ...
Tags: E-Commerce, Service
The Union Cabinet has given its approval to review of Foreign Direct Investment (FDI) Policy on investments by non-resident Indians (NRIs), persons of Indian origin (PIOs) and overseas citizens of India (OCIs), according to an official ...
Tags: FDI Policy, Union Cabinet
Facing criticism on retail FDI issue, the government has sought to downplay the continuation of the policy permitting 51per cent FDI in the multi-brand retail sector saying the BJP's stand remains the same on the matter, according to media ...
Tags: retail FDI issue, UPA policy
Indian e-retailers are seeking a change in foreign direct investment (FDI) policy and want the Government to permit FDI in online multi brand retailing and inventory led model. Last month, the Union Government’s decision to bar FDI in ...
Tags: Multi Brand Ecommerce, E-Retailers
A report regarding the FDI policy for retail and it’s effects on the Micro, Small and Medium Enterprises (MSMEs) in the country, titled ‘FDI in multi-brand retail on MSMEs’, has been tabled in the Indian Parliament, ...
Tags: FDI policy, Apparel
Global multi-brand retailers wishing to enter the Indian market through foreign direct investment (FDI) route must comply with the mandatory 30 percent sourcing clause, Mr. KH Muniyappa, Minister of Micro, Small and Medium Enterprises ...
Tags: Indian market, Apparel
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
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 ...
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 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 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
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
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 ...
The foreign direct investment (FDI) policy of the Indian government could lead to a boom in textile and apparel sector as several global players, including Walmart and Hennes & Mauritz (H&M), plan to enter the country through FDI route. ...
Tags: textile sector, textile, apparel
Four global garment and home-textile brands are awaiting the approval from the Foreign Investment Promotion Board (FIPB) for setting up single-brand retail stores in India under its foreign direct investment (FDI) policy. The FIPB may ...