India set to relax retail rules

After years of speculation and fierce debate, India looks set to ease restrictions of foreign investment in its booming retail sector. Business organisations and multinationals have welcomed the decision, although there remains some local opposition.

Comment: India's retail ruling is more heat than light

29 November 2011

The Indian government's decision to relax restrictions on foreign investment in the country's retail industry doesn't mean the end of the debate, writes Devangshu Dutta.

INDIA: Prime minister defends FDI reform

1 December 2011

The Indian prime minister has defended the easing of rules on foreign ownership in the country's retail market, as politicians opposed to the move continue to cripple parliament.

Quote unquote: Indian retail reform special

29 November 2011

India's cabinet has relaxed rules on foreign direct investment in the country's retail sector. The move was lauded by global retailers but met with opposition from large sections of the parliament, as local operators are feeling threatened by the prospect of foreign companies, which can now own 51% of multi-brand retail stores. In this special quote unquote, just-style outlines the thoughts of those affected by the announcement.