FDI in retail: US hopes India would eventually move forward

US has hoped that India would eventually move towards Foreign Direct Investment (FDI) in multi-brand retail which has been put on hold due to strong protest from key opposition parties.

Retail tie-ups take a backseat amidst politics over FDI

"We said last week that we felt like it was a deal that was in the best interests of both the United States and the Indian people and businesses and would obviously be a boom to both our economies," State Department spokesman Mark Toner said.

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"We want to see it eventually move forward," he said.

It's a decision for the Indian Government to work out, Toner said.