Amitabh Kant
Retail
No FDI in multi-brand retail yet, says Nirmala Sitharaman
IANS -
India is not considering allowing foreign direct investment (FDI) in multi-brand retail trading in the current circumstances, the government said on Wednesday.
"At the moment, India can create several Walmarts of its own. We welcome anybody. But if some way...
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E-commerce panel holds first meet to discuss sectoral issues
IANS -
An e-commerce committee headed by NITI Aayog Chief Executive Amitabh Kant held its first meeting on Monday to discuss issues related to the sector, a senior official said.
The meeting witnessed a detailed presentation by the Department of Industrial Policy...
Retail
Unified policy for FMCG, retail, e-commerce: Amitabh Kant
Over the last two years, the Modi Government has come out with several changes in India's retail policies. From easing FDI norms to giving the green signal to the long-stalled GST bill, the past few months have witnessed the Government's determination to...
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Emphasize on Make-in-India, not Make-in-China, says Amitabh Kant to e-comm companies
Encouraging e-commerce companies in India to include rural suppliers and merchants to the digital growth of India, NITI Aayog CEO Amitabh Kant told Indian e-commerce companies to be representative of Make-in-India products over Make-in-China on their platforms.
Speaking at FICCI's annual...
Food
Only 33 pc of foodservice industry organised: NRAI President
IANS -
Reeling under over-regulation coupled with complex process of approvals and licences, only 33 per cent of the food services industry is organised in India, Riyaaz Amlani, President of the National Restaurants Association of India (NRAI), said here on Wednesday.
"This...
Food
Chain and standalone market to contribute Rs 22,400 crore in tax revenue: NRAI IFSR 2016
NRAI India Food Services Report 2016 estimates that the total contribution of the restaurant industry alone will contribute 2.1 per cent to the GDP of India by the year 2021.
President, NRAI, Riyaaz Amlani said, “The total food services market...
Retail
DIPP secretary Amitabh Kant appointed Niti Aayog CEO
Amitabh Kant, Secretary, Department of Industrial Policy and Promotion (DIPP), has been appointed as the chief executive officer (CEO) of the National Institution for Transforming India (NITI) Aayog.
He will take over his new assignment after his retirement in February-end....
Retail
Direct selling can touch Rs 64,500 cr by 2025: study
The direct selling industry in India, which was currently valued at Rs 7500 crore in fiscal 2013-14, has the potential to reach Rs.64,500 crore in revenue by 2025, according to a joint study by industry body Federation of Indian...
Retail
Modi’s Diwali bonanza to investors: FDI reforms ease business for single-brand retailers
Giving the much needed reforms push to the economy, Prime Minister Narendra Modi-led NDA government on Tuesday announced key Foreign Direct Investment (FDI) reforms and liberalisation in as many as 15 sectors.
"The crux of these reforms is to further...
Retail
India on threshold of rapid growth for several decades to come: Amitabh Kant
In a recent interview with Richard Fenning, CEO of Control Risks, Amitabh Kant, Secretary of the Department of Industrial Policy and Promotion (DIPP) and the principal architect of ‘Make in India’, one of the government’s flagship initiatives, spoke about...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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