Future Group's Biyani supports opening retail to FDI

12/2/2010 | India Today

Kishore Biyani, head of Future Group, said he supports the idea of opening India's retail sector up to foreign direct investment. "The retail industry in India needs access to more capital. Any form of competition is good for the business," Biyani said. "We are ready for it." He also said he would be interested in collaborating with overseas retail brands.

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