Hotline: 1800 102 2007
X
Search Business Opportunities
2012-06-05

Govt meets MSME ministry to ease FDI norms

The Department of Industrial Policy and Promotion (DIPP) in an attempt to ease the restrictive foreign direct investment norms for single brand retail in India has initiated discussions with the Ministry of MSME and other ministries as well. This includes

The Department of Industrial Policy and Promotion (DIPP) in an attempt to ease the restrictive foreign direct investment norms for single brand retail in India has initiated discussions with the Ministry of MSME and other ministries as well. This includes the government’s condition for foreign brands looking to invest in India through FDI to source 30 per cent of their requirements from Indian SMEs.

The move is seen coming after government took notice of growing criticism from various business quarters that such restrictive investment measures is hampering India’s image of being the most favourable investment destination.

Companies operating in single brand retail business, globally, usually have a complete ownership business model. However, since last year they have been pointing to the restrictive conditions for FDI in India, including the required 30 per cent sourcing clause as a hindrance to their entry.

Related opportunities
  • Ayurvedic, Herbal & Organic Products
    About Company:Bio Veda Action Research company formerly known as Biotique..
    Locations looking for expansion New Delhi
    Establishment year 1992
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 200 – 500 sq. ft.
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi
  • Aviation & Hospitality Training Institute
    About Us: Frankfinn has been growing at phenomenal speed since its..
    Locations looking for expansion Haryana
    Establishment year 1993
    Franchising Launch Date 2003
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Casual dine Restaurants
    About: Mamu’s Infusion is a highly-popular and renowned fine dine restaurant..
    Locations looking for expansion Rajasthan
    Establishment year 1990
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Jaipur Rajasthan
  • Yoshi Food & Beverages - a renowned name in Bakery..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts