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Modi govt considering FDI relaxation in multi-brand retail policy

Modi govt considering FDI relaxation in multi-brand retail policy

Saturday, March 18, 2017, 5:46 PM

The government is weighing the option of permitting overseas retailers to open stores for selling ‘Made in India’ products only as it looks to relax the norms for multi-brand retail for attracting more funds and generating more jobs. Sources said the government is considering permitting foreign supermarket players to open retail stores but only for sale of ‘Made in India’ products.
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