India's government eases rules on retail FDI


Nine months after opposition forced India's government to put reform on hold, it has pushed through changes that will allow overseas retailers to invest in multi-brand outlets.

The just-food interview - Rakesh Biyani, MD of Indian retailer Future Group

20 September 2012

With India - and the prospect of wide-ranging economic reforms in the country - in the international business headlines, there are few other more opportune times to meet Rakesh Biyani, joint managing director of Future Group, one of the country's largest retailers.

Wal-Mart puts down marker in India

21 September 2012

Late last night UK time, the Indian government formally issued a notice to confirm reform of regulations on foreign investment in the country's retail sector would be implemented. A few hours later, an interview with Wal-Mart emerged in which it outlined its plans for expansion in the emerging market.

The rise of the "thrifty green"

21 September 2012

Attending events like the World Retail Congress allows access to senior executives beyond the food industry, which, on issues like sustainability, can reveal interesting insight. A session this morning (21 September) featured Ian Cheshire, chief executive of UK home improvement retailer Kingfisher.

INDIA: FDI retail reform comes into effect

20 September 2012

India's plans to ease rules on foreign investment in retail have today (20 September) come into effect, even as protests against the policy took place throughout the country.

WRC 2012: Bharti chief expects India retail reform to "stick"

19 September 2012

The MD of Indian conglomerate Bharti Enterprises, Wal-Mart Stores' retail partner in the country, expects the government to succeed with plans to allow more overseas investment in the sector.

INDIA: Banerjee-led Trinamool Congress quits coalition over FDI reform

19 September 2012

India's Trinamool Congress Party is to resign from the country's governing coalition in protest over plans to open the door to foreign investment in the retail sector.

Best bits: India "bites the bullet" on retail reform

17 September 2012

Criticised domestically and internationally for the perceived slow pace of reform, India's PM Manmohan Singh has launched his latest attempt to shake up the country's economy, including a relaxation of regulations on investment in the country's retail sector. Will Singh succeed this time?

INDIA: FDI retail reform returns but states will have final say

14 September 2012

The Indian government has again opened the door to foreign investment in the country's retail sector - but states will have the final say on whether multi-brand outlets backed by overseas capital can open.

INDIA: FDI will benefit retail sector - Tesco CFO

8 December 2011

More overseas investment would benefit India's retail sector, Tesco CFO Laurie McIlwee insisted today (8 December).

INDIA: New Delhi confirms suspension of retail reform

7 December 2011

India's ruling Congress Party has today (7 December) confirmed that plans to allow more foreign investment in the country's retail sector have been suspended.

UPDATE: INDIA: Business remains hopeful over FDI in retail

5 December 2011

India's main business organisation is hopeful the country's government will press ahead with plans to open the retail sector further despite the plans being put on hold amid political opposition.

INDIA: Indian retailers divided over FDI reform

30 November 2011

Leading domestic players in India's retail industry have highlighted the disagreement within the sector over the country's plans to allow greater foreign investment.

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India's government eases rules on retail FDI

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