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Foreign Direct Investment

Food Processing industry urges 100% FDI in food products retailing

The Ministry of Food Processing Industries has reportedly urged Prime Minister Narendra Modi to consider 100 per cent foreign direct investment (FDI) in multi-brand retail of food products. Union Food Processing Industries Minister Harsimrat Kaur Badal has suggested for a...

Gas to open own stores in India

Italian fashion apparel major Gas Jeans has reportedly sought approval from the Department of Industrial Policy and Promotion (DIPP) to open its own single-brand retail stores across India.Gas Jeans, which offers apparel for the young crowd under the GAS...

Government working on ecommerce definition: Nirmala Sitharaman

The government is working on the definition of 'e-commerce' to clear the air over key issues such as taxation and foreign investment in the burgeoning sector, according to Commerce and Industry Minister Nirmala Sitharaman. The minister on July 15 chaired...

Festive season sales by e-commerce majors violating FDI norms: CAIT

Traders' body Confederation of All India Traders (CAIT) has alleged that e-commerce firms such as Amazon, Flipkart and Snapdeal are violating FDI norms by holding forthcoming festive season sales and it has complained to the Commerce Ministry. "These companies solicit...

Walmart India to open 50 new wholesale outlets

Continuing its endeavour in enabling small businesses prosper, to gain momentum through employment generation and also to harness growth of the nation, Walmart India Private Limited has planned to add 50 more cash and carry stores in next four...

Retail realty: Evolution and potential of shopping centres in India

Shopping malls in India have definitely come of the age – from being mere shopping arcades, offering products and services to providing wholesome shopping and leisure experiences to consumers. In other words, malls have gone through a complete learning...

“With FDI what is the way forward for retail real estate in India in times to come”

It is no secret that the retail sector in India, traditionally dominated by unorganised players, standalone boutiques and kirana stores, is undergoing a steady makeover. But dare I mark this movement as ‘slow’. Since liberalisation of the economy in the...

Evolving retail landscape in India

The Indian retail scenario has traditionally been dominated by small neighbourhood convenience stores. Such stores, with limited assortment of goods, have helped conceal the state of unemployment in the country and dominated the retail landscape across most parts of...

NDA to reconsider its stand on FDI

The Narendra Modi government may reconsider its stand on foreign direct investment (FDI) in retail, and likely to implement it with more safegaurds to protect the interest of small neighbourhood stores as quipped by Bharatiya Janata Party vice president...

Darrel Wisbey Shares the Importance of Relationship for Retail Success

During Master Class Pre-IRF'14 Exclusive Knowledge Series Darrel Wisbey, Retail Mentor and Advisor from Philippines revealed the Importance of Relationship for Retail Success. He took off the session with the 'retail is detail' theme focussing primarily on the retail...
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Latest News

New Shop debuts as Flagship store in Jabalpur

Founded in March 2019, The New Shop is a franchise convenience retailer with stores situated in high-density neighbourhoods, airports,...
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