date:Sep 18, 2012
lete and does not meet international standards, resulting in poor efficiency on the supply side and average consumer experience on the demand side, said Pankaj Renjhen, managing director of Jones Lang LaSalles retail think tank.
FDI will be a powerful catalyst to the required growth in the retail industry and, in the long-term, will prove beneficial to all the major stakeholders. There will be investment in storage and transportation infrastructure, technology and supply chain operations.
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