Foreign investment is on hold ahead of Indian election

07/12/2013 | Economic Times (India), The

Foreign supermarkets, which have gained permission to operate in India, are holding back on investment until after the 2014 general election. A change in government could mean a revision of the policy. Retailers including Wal-Mart Stores and Tesco say they are working with the government to better understand rules on foreign direct investment or waiting for clarification.

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Economic Times (India), The

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