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Post-pandemic Trend to Reshape Future of Retail Industry

Post-pandemic Trend to Reshape Future of Retail Industry

When the pandemic hit our country, almost all industries shift to the digital era. But the Indian retail industry has drastically seen a change during these times. The epidemic shifted consumer perceptions about internet shopping and digital payments, resulting in a preference for both. Furthermore, with the world’s attention moving toward health and safety, it’s no surprise that the events of 2020 have influenced how people buy today. To keep up with changing consumer expectations, this accelerated already-growing trends and…

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When Was FDI in Retail Introduced in India?

When Was FDI in Retail Introduced in India?

FDI in the global economic landscape has been one of the most noticeable changes in the previous two decades. It is because FDI creates a win-win situation for both the host and home countries. The fast expansion of FDI by multinational corporations during the mid-1980s can be attributed to considerable technological advancements, increased trade, investment liberalization, deregulation, and privatization of markets in many countries, including developing countries like India. India is one of the most significant countries to invest in…

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Local Sourcing Norms For FDI In Single Brand Retail To Be Eased: Piyush Goyal

Local Sourcing Norms For FDI In Single Brand Retail To Be Eased: Piyush Goyal

India is all set to ease mandatory local sourcing norms for foreign direct investment (FDI) in single brand retail trading in the coming few weeks. While addressing CEO’s multi- national companies in the UK-India Joint Economic and Trade Committee (JETCO) meeting held in London, Commerce and Industry Minister Piyush Goyal said, “India has opened up opportunities for single brand retail and is easing some detrimental clauses of the policy in next few weeks which will help single brand retail come…

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Proposed FDI Hike To Drive Up M&A Deals

Proposed FDI Hike To Drive Up M&A Deals

In her maiden budget, Finance Minister Nirmala Sitharaman announced reforms in FDI policies in order to encourage foreign investments in India. This proposed hike is expected to benefit the M&A sector as existing overseas investors would look to raise their stakes in their Indian joint venture companies. Sitharaman is her Budget speech said that the government is contemplating to further open up foreign direct investments in aviation, media (including animation, visual effects, gaming, and comics) and the insurance sector. Apart…

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Industry Hopes for Easier FDI Norms in Multi Brand Retail

Industry Hopes for Easier FDI Norms in Multi Brand Retail

“In line with 100% FDI in food retail, a similar policy could be considered for multi-brand retail in products that can be fully manufactured in and sourced from India,” the Federation of Indian Chambers of Commerce and Industry, told Finance Minister Nirmala Sitharaman . The debate over allowing easier foreign direct investment (FDI) norms for multi-brand retail has arisen once again. According to Finance Minister Sitharaman, multi-brand trading wasn’t going to be possible before farmers and retailers provided enough resources to face…

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