News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Classifieds |
Jobs |
Obituary |
Business
FDI in retail to be expanded
Special Correspondent
NEW DELHI:
Commerce and Industry Minister Kamal Nath said here on Tuesda that the Government would soon allow foreign direct investment (FDI) in retailing in sectors that do not displace existing jobs such as electronics and sports goods. "We are looking at allowing FDI in sectors within retail that lead to incremental economic activity and does not displace neighbourhood stores. We are working on it and will announce it soon,'' he said.
Mr. Kamal Nath, who was releasing the second edition of the India Retail Report here, said allowing FDI in areas like retail of electronics and sports goods would not displace traditional retailers. The Government was trying to frame a policy that was correct and attractive for investors. He launched a portal, www.indiaretailing.com.
Printer friendly
page
Send this article to Friends by
E-Mail
Business
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Classifieds |
Jobs |
Obituary |
Updates:
Breaking News |
|
