India reportedly to decide on FDI in retail soon

11/23/2011 | Reuters

India's cabinet is expected to decide within weeks whether to open the country's multi-brand retail sector to foreign direct investment, a source said. The move would allow major retailers, such as Carrefour and Wal-Mart Stores, to operate in India. "A decision on the issue is only a matter of weeks [away]," the source said.

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