India to clear up foreign investment questions

05/20/2013 | Economic Times (India), The

India's government will clarify its rules on foreign direct investment by multi-brand retailers later this week, nine months after the policy change that so far has drawn questions from Western retailers but no proposals. A key sticking point seems to be the requirement that retailers source at least 30% of their goods from small and midsized producers. Officials also are expected to specify that sourcing from anywhere in the country is allowed.

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Economic Times (India), The

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