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Cap on no of foreign JV stores not proper: DIPP former Secy

As the political logjam over the recent decision to allow FDI in retail continues, DIPP former secretary RP Singh said that the retail majors will have to reinvent their model in India in the long run. When asked about capping the number of stores just like the cities that can be rolled out, Singh indicated that it will not be proper.

first published: Dec 1, 2011 10:31 pm

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