Allowing foreign direct investment (FDI) in retail continues to stir passions and threatens to be the biggest issue in the Indian parliament and political landscape in the next couple of months. The major issue is permission for FDI in multi-brand retail (MBR), which was the topic of my column last month.
Managing partner
India Law Offices
This column covers single-brand retail (SBR), which likely to be a bigger success in India than MBR, as most international brands have bet big on the Indian market. Historically India has been a net consumer of products and with recent growth in the economy the trend of consuming is back.
The SBR model is also likely to bring in growth in the franchise model, which has languished in India till now.
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Gautam Khurana is the managing partner at India Law Offices in New Delhi.
D – 19 (GF) & D – 31, South Extension – 1
New Delhi – 110 049
Tel: +91 11 2462 2216, 2462218
Fax : +91 11 2465 4364
Email: g.khurana@indialawoffices.com
