India’s changing foreign investment rules won’t help food industry
date:Aug 17, 2012
g single brand retail.

Food excepted

However, after MS and IKEA expressed interest in selling food products in the country under their own brand, the government decided not to allow single-brand retailers to sell these items.

It is suggested this is because the Indian government does not want to upset and damage the established network of smaller grocery stores.

However, one official with a large consumer products major, said the fear is mostly about high numbers of food imports, which could
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