Carrefour looking to exit India wholesale ops
date:May 06, 2014
il regulations, including mandatory 30 percent local sourcing from small and medium-sized enterprises, and the ability of states to enact their own legislation for foreign chains, will be difficult to comply with.

Last month, the Bhartiya Janata Party, widely expected to lead India's next government, said it would ban foreign supermarkets from the $500 billion retail sector if it comes to power.

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