India's First FDI in Single Brand Retailing Policy

After weeks and months of the recent policy wherein FDI in Single Brand Retail allowing upto 51% was rolled out, only now has the first proposal being approved. Mauritius based Tano India Private Ltd would invest about Rs. 2.8 Crores through this route in setting up an exclusive retail outlet for Nike covering its entire product category. The Joint Venture is with Moja Shoes Private Ltd.

Comments

[sushil]

good one