Home Retail DIPP approves 2 FDI proposals in single brand retail sector

DIPP approves 2 FDI proposals in single brand retail sector

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The commerce and industry ministry said it has approved two foreign direct investment proposals, including that of Dyson International, in the single brand retail sector.

DIPP approves 2 FDI proposals in single brand retail sector
The investment envisaged in the range of 5 million to 10 million British pounds

According to a PTI report: Dyson International got an approval to carry out single brand retail trading of ‘Dyson’ branded products in India, it said in a statement.

The investment envisaged in the range of 5 million to 10 million British pounds.

MM Retail Pvt Ltd also got a post facto approval for FDI pursuant to direction from the RBI.