Government to issue clarifications on FDI in multi-brand retail

by Paul Joseph on May 20, 2013 · 0 comments

The government in India is planning to release clarifications to the regulations relating to the foreign direct investment in multi-brand retail. Department of Industrial Policy and Planning officials have said that they have received a number of quarries from various global retail players for clarifications on various matters including sourcing arrangements. Foreign retailers will be permitted to include only processed food items form small enterprises under the mandatory sourcing regulations. read more

[via Stock Watch – Stock Specific News]

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