date:Sep 13, 2013
an issue for brands evaluating the costs against benefits of entering the country. The inability to woo big foreign firms is a blow for India, keen to attract outside investment to help boost its sliding economy.
The central government has left it to each State to decide whether foreign retailers can set up shop - and so far only 11 out of 28 states have expressed a keenness for overseas chains.
The current FDI policy should be discarded, it's ill-informed and ill-advised, Technopak chairman A