Tesco readies India's first foreign supermarket investment
date:Dec 18, 2013
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The decision brings much-needed relief to the government, which had failed to attract a single application since September 2012 when it allowed foreign investors to own up to 51 percent of their operations in what some retail analysts have tipped as one of the last great untapped markets for supermarkets.

It is also a sign that Tesco remains ambitious to expand abroad, despite its decision to close loss-making businesses in Japan and the United States and a big investment drive to turnaroun
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