FDI just any time for Multi Brand outlet

| 0 Comment

Multinational retailers such as Walmart, Carrefour and Tesco may soon be allowed to open stores in India subject to stringent investment norms, sourcing conditions, and cap on number of outlets in big cities. The Department of Industrial Policy and Promotion, or Dipp, is likely to move a proposal seeking cabinet approval for 51% foreign direct…

Read More »

Carrefour to open first unit in India soon

| 0 Comment

In order to grab a share in the billion dollar worth of Indian retail industry, French supermarket giant, Carrefour has announced that it will very soon open its wholesale store in India. It is expected that the store will become operational by November this and when that happens another foreign brand name will join the…

Read More »