Reliance CEO expects India to open up to FDI soon

09/27/2011 | Bloomberg

Reliance Retail CEO Bijou Kurien said India likely will start allowing foreign multibrand retailers to enter the country soon. "How long will it take to actually become policy?" Kurien asked at the World Retail Congress in Berlin. "My sense is between six months to a year from now, because a lot of the work is already completed and the government is under pressure to introduce the reforms."

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