FDI in retail to hurt biz, say small businessmen

Businessmen are in a constant fear that once more foreign brands set shop in India, it will hit their business as malls are already eating away profits.

March 19, 2013 / 17:20 IST
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Businessmen are in a constant fear that once more foreign brands set shop in India, it will hit their business as malls are already eating away profits.


This year, the businessmen community wants the Finance Minister P Chidambaram to hold back FDI in multi-brand retail. They also want the FM to concentrate in increasing subsidy and reduce sales tax.
first published: Feb 8, 2013 05:41 pm

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