A total of 66 proposals for foreign direct investment (FDI) in single-brand retailing have been approved by India’s Foreign Investment Promotion Board (FIPB) since 2006, Economic Times said quoting PTI.
A total of 66 proposals for foreign direct investment (FDI) in single-brand retailing have been approved by India's Foreign Investment Promotion Board#
Last month, Pavers became the first company under the Government’s new policy to allow 100 percent FDI in single-brand retail, whose proposal was cleared by the FIPB.
A total of 66 proposals for foreign direct investment (FDI) in single-brand retailing have been approved by India's Foreign Investment Promotion Board#
Apparel retailer Brooks Brothers is among the other 65 brands that have got FIPB nod for entering Indian single-brand retail market, Minister of State for Commerce and Industry S Jagathrakshakan said in a written reply to Lok Sabha, the lower house of Indian Parliament.
A total of 66 proposals for foreign direct investment (FDI) in single-brand retailing have been approved by India's Foreign Investment Promotion Board#
In February 2006, the Government of India allowed FDI in India’s single-brand retail with an upper cap of 51 percent. However, the FDI limit was increased to 100 percent in 2012.
A total of 66 proposals for foreign direct investment (FDI) in single-brand retailing have been approved by India's Foreign Investment Promotion Board#
Fibre2fashion News Desk - India
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