Wednesday, November 23, 2011

Key facts on India's retail sector & FDI

After years of delay due to political opposition, Indian cabinet will discuss on Thursday regarding allowing 51 percent foreign direct investment (FDI) in multi-brand retail and full ownership in single-brand retail.
India, which currently allows 51 percent FDI in single-brand retail and 100 percent in wholesale operations, is considering opening fully its single-brand retail sector to FDI.

Read more on the key facts on Indian retail on this Reuters report

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