Tag: Foreign direct investment
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What is the meaning of FDI in retail market?
Earlier we used to have 100% FDI allowed only in the wholesale (cash & carry) market, 51% FDI allowed in Single brand retailing like Adidas, Tommy Hilfiger, etc. However, FDI was not allowed in the Multi-brand retailing like TESCO, Carrefour, and WalMart. Now, we will have 100% FDI allowed in Single brand retailing. This means…