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Department of Industrial Policy & Promotion

CAIT alleges Flipkart violated e-commerce FDI norms

Traders' body, Confederation of All India Traders (CAIT), has filed a complaint with the Department of Industrial Policy & Promotion (DIPP) alleging violation of FDI norms for e-commerce by online retail major Flipkart. According to a report in PTI: The...

Govt Approves Proposal of TESCO for Multi Brand Retail Trading in India

India is sixth largest supplier in world with 3.7 percent share in global readymade garment exports as per World Trade Integrated Solutions database of 2013 while Bangladesh and Cambodia are 2nd and 14th largest readymade garment supplier in global...

Budget Still Ambiguous on Allowing FDI in E-commerce, Anurag Rajpal, American Swan

American Rajpal, Director & CEO, American Swan, feels that the Union Budget 2014-15 is still ambiguous on allowing FDI in ecommerce. Referring to the budget announcement that manufacturing units will be allowed to sell its products through retail including...

Secretaries’ panel clears 51 per cent FDI in multi-brand retail

A committee of secretaries (CoS) has recommended 51 per cent foreign direct investment (FDI) in multi-brand retail, albeit with some stiff riders, paving the way for the entry of some of the world’s biggest retailers such as Wal-Mart, Carrefour...
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Which technologies will fuel the next wave of growth in retail?

AI, IoT, Robotics, AR, VR, and Computer vision sensor fusion to play a key role as per a report...
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