Foreign Direct Investment
Retail
Government taking steps to boost textile industry
To boost the textile sector, the government has been taking a series of steps including launching of Technology Mission on Cotton (TMC) and the Technology Upgradation Fund Scheme (TUFS) to enable modernisation and upgradation of the textile industry both...
Retail
Mattel Inc advocates 100 per cent FDI
Mattel Inc, the largest toys manufacturer in the US, wants India to allow 100 per cent FDI.
“If the Indian government does not open up 100 per cent foreign direct investment in retail, then it will limit our ability to...
Retail
SJM and BMS to protest against retail
Pro-RSS Swadeshi Jagran Manch (SJM) and Bharatiya Mazdoor Sangh will be holding a massive demonstration in the capital on November 21 to protest against entry of corporates and foreign retailers into this sector, as they said it threatened the...
Retail
FDI in retail sector
Government has made it clear that Foreign Direct Investment up to 51 per cent in retail of single brands, which was allowed last year, should conform to certain policy norms, including an obligation on the foreign firm to sell...
Retail
Metro to open shop in Mumbai
With talks between Maharasthra Government and German retail giant Metro almost in the “final stages,” Mumbai is all set to get its first Metro store in December in the eastern suburb of Bhandup even as the fight between Big...
Retail
No FDI in retail says Kamal Nath
Commerce and Industry Minister Kamal Nath Monday ruled out Foreign Direct Investment (FDI) in retail saying that government was awaiting the report of the study on retail.
''A study on retail in underway and report is still awaited. We have...
Retail
Sahai: Include agents in supply chain
Subodh Kant Sahai, minister of state for food processing industries, advised organised retailers to include commission agents in their supply chain, instead of sourcing directly from producers.
"I have asked the retail sector to make arthiyas (commission agents) a part...
Retail
Mixed reactions of retailer fraternity on Chidambaram statement on retail FDI
There was mixed reaction from retailers to Finance Minister P Chidambaram’s announcement that India will open up its $330 billion retail market to foreign investors.
“The statement of the minister had no clear signals as to what the government will...
Retail
Protests shake confidence of Minister Kamal Nath in FDI in retail sector
The protests in Uttar Pradesh, Kerala and the national capital against organized retail appear to be impacting on the government as Commerce and Industry Minister Kamal Nath said “it is not (about allowing) Foreign Direct Investment, the issue is...
Retail
Govt. may set up retail regulator
To monitor retail trade and act upon complaints of illegal practices in the $328 billion retail sector, the government is looking at the possibilities of setting up a national authority.
The authority will keep check on areas ranging from procurement...
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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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