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Kamal Nath

French luxury brands eager for Indian pie

India's luxury perceptions were decoded when French luxury association Comite Colbert organised a meet on "Luxury and India" in Paris, with a minister urging for developing a country-specific model. "An India-specific model for French luxury brands entering the country will...

Thai retailers eyeing India

India appears to top the list for Thai retailers who have begun focusing on the international market to expand their businesses. Though Indian retailers have been facing opposition from small shop owners forcing leading conglomerate Reliance Fresh to close shop...

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...

GJEPC hold 34th annual awards for gem and jewellery sector

Gems and Jewellery Export Promotion Council (GJEPC) recently presented the 34th annual awards for the gem and jewellery industry. Minister of Commerce and Industry Kamal Nath was present at the occasion as chief guest, along with Guest of Honour...

States to decide on retail says Kamal Nath

Throwing the retail ball back into the states court, Minister for Commerce and Industry Kamal Nath said it was upto them to deal with the issue and they need to formulate the rules. However, seeking to play it safe with...

FDI in retail not very distant: Chidambaram

India will open up its $330 billion retail market to foreign investors after convincing mom-and-pop store owners that their jobs are not at threat from big players, Finance Minister P Chidambaram has said. "In course of time their fears will...

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...

We need homegrown textile brand — industry minister

The need for a homegrown textile brand was stressed upon by the commerce and industry minister Kamal Nath, while inaugurating the two-day Tex Summit 2007 in New Delhi. The commerce ministry can support the textile ministry from its India Brand...

Kamal Nath is the global personality of 2007

Union commerce and industry minister Kamal Nath has won the ‘Global FDI Personality of the Year’ award from the Financial Times Group magazine FDI, for his efforts to make India an attractive destination for FDI. Courtney Fingar, editor of FDI,...

Who is next after WalMart?

Today, this is the most frequently heard question in retail circles. Nobody knows yet, who’s going to strike its footprint for a pie in India's $300 billion retail basket. If sources are to be believed, then UK's Tesco and...
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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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