CAIT to PM: FDI in retail will be draconian to Indian small industries
date:Oct 23, 2012
nt would have to be fulfilled on an annual basis. The purpose has deliberately been defeated to such an extent that now global investors in retail can easily win over the small industry in India which, over a period of time, will suffer self-death, he added.

Khandelwal added, Now global retailers will be free to outsource even 100 per cent of their procurement from anywhere across the globe during the first four years, and even the fifth year for that matter, and in addition, they would have to
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