INDIAN SUSPENSION OF RETAIL INVESTMENT LIBERALISATION SURPRISES INDUSTRY PLAYERS
December 1st, 2011
BY RAGHAVENDRA VERMA
INDIA'S main business organisation has told just-food it was shocked by the Indian government's decision to suspend its decision on allowing more foreign investment in the country's retail sector. "It's off", said Sameer Berde, assistant secretary general of Federation of Indian Chambers of Commerce and Industry (FICCI), "It is a setback and the industry didn't expect it."
His comments came after t finance minister Pranab Mukerjee called opposition leaders to inform that the government has decided to put on hold its ...
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