Articles for Single Brand Retail

FDI in single brand retail: IKEA India, H&M welcome govt's move to ease global sourcing norms
5 years, 4 months ago

FDI in single brand retail: IKEA India, H&M welcome govt's move to ease global sourcing norms

Firstpost  

New Delhi: Leading single-brand retailers hailed the government’s move to ease local sourcing norms and allow online sales, saying it is an encouraging step to attract investments in the sector. H&M has been sourcing from India since the last 30 years for its international markets, its great to see global sourcing is now part of the 30 percent local sourcing …

India Local Retailers Single Ikea Ease Ikea India
Cabinet clears 100% FDI in contract manufacturing, coal mining
5 years, 4 months ago

Cabinet clears 100% FDI in contract manufacturing, coal mining

The Hindu  

The government on August 28 relaxed FDI rule for foreign single brand retailers and also permitted foreign investment in contract manufacturing and coal mining. List of the important decisions on FDI by the Cabinet: Allows 100% FDI under automatic route in coal mining and associated infrastructure Allows 100% FDI in contract manufacturing under automatic route in contract manufacturing under automatic …

Retail Manufacturing Brand Cabinet Single Coal Mining Fdi
Union Cabinet to consider relaxing FDI norms in single brand retail, digital media today
5 years, 4 months ago

Union Cabinet to consider relaxing FDI norms in single brand retail, digital media today

Firstpost  

FDI helps in improving the country’s balance of payments situation and strengthen the rupee value against other global currencies, especially the US dollar. New Delhi: The Union Cabinet on Wednesday will consider relaxing foreign direct investment norms in several sectors, including single-brand retail and digital media, to attract overseas players, sources said. “If the manufacturing entity is proposed to be …

India Policy Retail Media Sector Cabinet Foreign
FDI in single brand retail: Govt to soon consider proposal to relax local souring norms
5 years, 4 months ago

FDI in single brand retail: Govt to soon consider proposal to relax local souring norms

Live Mint  

New Delhi: The government will soon consider a proposal of relaxing rules for complying with the mandatory 30% local sourcing norms by foreign single brand retailers, official sources said. Relaxations are expected in a provision where foreign retail traders are presently allowed to adjust procurement of goods from India for their global operations for meeting the mandatory local sourcing requirement. …

India Retail Single Fdi Single Brand Retail
Govt to soon consider proposal to relax local souring norms for FDI in single brand retail
5 years, 4 months ago

Govt to soon consider proposal to relax local souring norms for FDI in single brand retail

India TV News  

The government will soon consider a proposal of relaxing rules for complying with the mandatory 30 per cent local sourcing norms by foreign single brand retailers, official sources said. Relaxations are expected in a provision where foreign retail traders are presently allowed to adjust procurement of goods from India for their global operations for meeting the mandatory local sourcing requirement. …

India Retail Cent Single Fdi Single Brand Retail Local Sourcing
Local sourcing norms for FDI in single brand retail to be eased in few a weeks: Commerce Minister Piyush Goyal
5 years, 5 months ago

Local sourcing norms for FDI in single brand retail to be eased in few a weeks: Commerce Minister Piyush Goyal

Firstpost  

New Delhi: India will be easing mandatory local sourcing norms for FDI in single brand retail trading in the next few weeks, Commerce and Industry Minister Piyush Goyal said. “India has opened up opportunities for single brand retail and is easing some detrimental clauses of the policy in next few weeks which will help single brand retail come in a …

India Retail Commerce British Brand Minister Single Brand Retail