Indian government departments raise concerns about FDI

11/10/2010 | Economic Times (India), The

Momentum had been building to open India's multibrand retail sector to foreign direct investment, but a couple of government departments are raising concerns about the move. The communications & IT ministry said electronics manufacturers could be affected by the move, while the micro, small and medium enterprises ministry cautions that no more than 18% FDI should be allowed in the sector.

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Economic Times (India), The

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