The government on Thursday cleared Swedish home furnishing major IKEA’s Rs 10,500-crore investment proposal, the biggest investment in single-brand retail sector after the government liberalised policy in November 2011. IKEA, which has already been sourcing products from India over the […]
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September 15, 2012
India Opens Door to Foreign Investment
India ushered in the biggest economic reforms in two decades on Friday, allowing big foreign retailers like Walmart, foreign broadcasters and foreign airlines to invest in the country, among other reforms. The central government, led by the Congress Party, is […]
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