FDI

The textile industry is growing exponentially in the country, with Foreign Direct Investment (FDI) having tripled in three years, Union Minister Smriti Irani said. According to a PTI report: The FDI flow into the sector reached US $618.95 million in...

Foreign direct investment (FDI) in textile sector more than doubled to US $618.95 million during 2016-17 from US $230.13 million in the previous fiscal, Parliament was informed on Thursday. According to a PTI report: In a written reply to Lok...

The Government has approved three FDI proposals -- from Amazon Retail, Supermarket Grocery Supplies and Grofers India -- worth over Rs 3,700 crore for retail trading of food products, Parliament was informed on Wednesday. While Amazon Retail has proposed investment...

The food processing sector has attracted FDI to the tune of US $183 million in last two months, Union Minister Harsimrat Kaur Badal said on Thursday. "This year in the last two months (May-June 2017) alone, 183 million dollars has...

Reebok India has sought Government's nod to set up single brand retail stores in the country. According to a PTI report: The company has submitted its proposal to the Department of Industrial Policy and Promotion (DIPP). "The DIPP is looking at...

Union Food Processing Minister Harsimrat Kaur Badal has taken up with the finance ministry the issue of high GST rate proposed on some products like pickles, murabba and papad and sought a review of the same. According to a PTI...

The Government's allowing 100 per cent FDI in domestic trading of food products has yielded results, Food Processing Industries Minister Harsimrat Kaur Badal has said, while hinting the Central Government is looking at permitting FDI in non-food items, along...

The Government is moving ahead with further opening of retail sector to foreign investments, and detailed deliberations in this regard were held in the finance ministry. According to a PTI report: The commerce and industry ministry may soon approach the...

The era of digitalization has brought about many ground breaking changes across industries. Technology has started playing a more significant role in the growth of newer business models and improving consumer preferences placing consumers in total control of the...

Walmart India is evaluating foreign direct investment (FDI) guidelines for the food retail space in India as the Government has permitted 100 per cent FDI in the sector. According to a PTI report: Walmart India is a wholly-owned subsidiary of...