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    Many International Brands Have Decided To Invest In India.

    2012/6/28 11:12:00 26

    International BrandIndiaInvestment

    India commerce and Industry

    Spin

    Minister Anand Sharma said that the India government will soon allow foreign direct investment (FDI) to enter India's multi brand retail industry to reach a political consensus.


    The minister told investors at the "2012 global India business conference" held in Antwerp, Belgium that due to the lack of consensus among the political parties, the implementation of FDI in the multi brand industry was postponed.



    India brand

    Retail store


    He added that although the government has pressed the pause button, the government is still working hard to solve this problem.


    He said the government is currently liberalized foreign countries in India.

    Investment

    System.



    International brand store


    The minister said he had communicated with the responsible persons on this issue, and the government has begun consultations with all parties to reach a consensus.



    Brand store


    He told global investors that India has already started implementing and allowing 100% foreign investment to enter single brand retail, and many international brands have identified their plans to invest in India.

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