Yesterday, the government notified 100% foreign direct investment (FDI) in single-brand retail, paving way for global chains like Adidas, Louis Vuitton and Gucci to have full ownership of their India operations.
In an interview to CNBC-TV18, Pramod Arora, joint managing director of Archies says, 100% FDI in single brand is not going to impact the company much.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
