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New FDI Policy to Drive Retail Growth in India

Cedar Consulting

The $ 428 Billion retail sector in India has received a shot in the arm by the Indian Government s recent policy decision to allow Foreign Direct Investment (FDI) of upto 51% in multibrand retail and upto 100% in single brand retail. Given that 95% of the sector constitutes unorganized retail consisting largely of mom and pop stores, the Government has treaded cautiously by building adequate safeguards for the domestic stakeholders in the unorganized sector.
 
 
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