multi-brand retail FDI

Parliament panel seeks regulator for FDI in multi-brand retail

While allowing 51 percent FDI in multi-brand retailing, the government made it mandatory for at least 30 percent of the value of manufactured or processed products to be sourced from small industries.

Jul 23, 2013, 17:13 PM IST

51% FDI in retail exceeded Walmart's initial expectations

Walmart, world's largest retailer, had informed the Industry Ministry last year that it is comfortable with India allowing 49 percent FDI in multi-brand retail, in view of "political sensitivity" in the country.

Dec 06, 2011, 16:50 PM IST

CAIT to protest CoS recommendation on allowing FDI in retail

Opposing the suggestion of Committee of Secretaries to allow 51 per cent FDI in multi-brand retail, the Confederation of All India Traders on Saturday said the move will adversely affect "crores" of small shopkeepers.

Jul 23, 2011, 20:38 PM IST