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 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 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
Government announced the decision to permit FDI, up to 51%, in multi-brand retail trading, vide Press Note dated 20.9.2012, subject to the following conditions: (I) FDI in multi brand retail trading up to 51% shall be allowed through the ...
Tags: FDI, Multi-Brand Retail, India
The Government of India has issued a notification allowing global multi-brand retailers to open their outlets in India. The notification issued by the Department of Industrial Policy and Promotion(DIPP)said 51 percent foreign direct ...
Tags: outlets, multi-brand retailers, DIPP, FDI