My article for Economic Times Retail details some predictions for the Indian Retail sector in 2014. The first point naturally talks about the FDI in Retail and how it is not going to happen soon simply because of the final rider of a state’s clearance exists.
Today’s announcement by the new government in Delhi that they will not allow FDI in multi-brand Retail is exactly what I was talking about. It would be interesting to see how this pans out because the central government is miffed by this and the same party is supporting the minority government in Delhi.
Regardless of the FDI story, 2014 promises to an exciting year for Indian Retail. Click here to read the full article and share your views.
1 comments:
Very good read!
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