FDI in retail: What's in store
Business Today

FDI in retail: What's in store

FDI in retail: Who is going to benefit
The Cabinet has approved 51 per cent FDI in multi-brand retail, a decision that will allow global mega chains like Wal-Mart, Tesco and Carrefour to open outlets in India. The Cabinet also increased the foreign investment (FDI) ceiling to 100 per cent from the present 51 per cent in single-brand retail.
PHOTO: Associated Press