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Govt to bring retail trade policy to promote ease of doing biz for traders

PTI -
The policy would also help in providing better infrastructure and more credit to traders says Sanjiv, joint secretary of DPIIT New Delhi: The government is working to bring a national retail trade policy for brick and mortar retail traders with...
Big Grid

Startups will attract significant foreign direct investments in 2023: DPIIT Secy

Krishna kushwaha -
The action plan for startups comprises 19 action items spanning across areas such as simplification and handholding; funding support and incentives; and industry-academia partnership and incubation New Delhi: The country's startups will attract significant foreign direct investments (FDI) in 2023 on...
Big Grid

DPIIT seeks views of different ministries on draft national retail trade policy

Krishna kushwaha -
The Department for Promotion of Industry and Internal Trade (DPIIT) has taken the views of 16 departments and ministries on its draft national retail trade policy New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has sought the...
Retail

Foreign marketplaces control sellers on their platform, use anti-competitive practices: CAIT

Indiaretailing Bureau -
Domestic traders' body CAIT on Wednesday said the foreign direct investment policy in the e-commerce sector should be enforced in letter and spirit so that global players do not violate the rules. The issue was raised by Confederation of All India Traders (CAIT) Secretary General...
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Despite global slowdown, FDI growth story in India to continue into 2021

Indiaretailing Bureau -
The high growth story of foreign direct investments into India will "go well" in the new year too as there is a growing interest among overseas investors about the country amid the government's continuing reform measures to further improve...
Food

E-commerce policy may incentivise kiranas for joining online ecosystem

IANS -
India may soon incentivise kirana stores which become part of the e-commerce ecosystem by converting their operations to handle both online and offline sales. The special package of incentives for the smaller format mom-and-pop stores is likely to be a...
Retail

CAIT, DPIIT to launch e-commerce platform for small retailers

IANS -
The Confederation of All India Traders (CAIT) and the Department for Promotion of Industry & Internal Trade (DPIIT) have joined hands to come up with an e-commerce platform for local retailers and grocery stores. The announcement comes a day after...
Retail

E-commerce norms flouted despite Amazon India tweaking ownership

IANS -
The Indian e-commerce market is expected to reach $200 billion by 2026 from the current $48.5 billion (as of 2018) and to create a level-playing field for small and medium players, the government brought in a new e-commerce policy...
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Fashion & LifestyleIndiaretailing Bureau -

American Sneaker brand Foot Locker to set foot in India

Foot Locker has tied up with Metro Brands Ltd. and Nykaa Fashion for its India entry. While Metro Brands...
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