date:May 09, 2013
its 28 stores in the country.
A DIPP official was quoted by The Economic Times as saying that according to the policy all the foreign brands have to be registered and branded during manufacture.
If this (selling subbrands) is the case, then it amounts to multi-brand retail. Hence, we are not in favour of single-brand retailers selling sub-brands, the official added.
However, MS spokesperson has denied violation of any regulation by the chain.
Under our singlebrand licence in India, we only