Single Brand Retail

Things really didn’t work out with mandatory local sourcing of retail products. That possibly might force a government rethink for multi-brand retailing

DIPP approves FDI proposal for single-brand retail sector

The portal was set up after the winding up of the foreign investment promotion board

New FDI norms to help accelerate India expansion plans: LeEco

Chinese handset maker LeEco on June 20 said the government's move to relax FDI norms for foreign players in single-brand retail will help accelerate its expansion plans in the country

Local sourcing relaxed for single-brand retail; Apple to gain

Paving way for iPhone maker Apple to open its own stores India, the government on June 20 relaxed FDI norms by giving a three-year exemption from local sourcing to foreign players in single-brand retail and a further five-year relaxation for 'state-of-art' and 'cutting-edge' technology

Govt may exempt Apple from 30% sourcing norm

A panel set up the Department of Industrial Policy and Promotion has recommended the government exempt tech giant Apple from the 30 percent sourcing norm imposed on all foreign single-brand retailers entering the country, sources say.

Xiaomi to wrap up single-brand retail process in a few weeks

Chinese mobile device maker Xiaomi today confirmed that it has initiated a process to set up single-brand retail stores and expects to complete the same in the next few weeks.

Govt goes on reforms overdrive; okays FDI in 15 sectors

The central government announced FDI and liberalisation in 15 sectors, including agriculture, mining plantation, defence, broadcasting, aviation, construction, manufacturing, private banking sector, cash and carry wholesale trading, among others

Govt considering 6 FDI proposals in single-brand retail

In January 2012, India raised the FDI cap in single-brand retail to 100 percent from 51 percent. Around 18 proposals worth USD 173 million were approved between April 2010 and May 2013, as per the government data.

Luxury retail brand Richemont likely set up shop in India

Richemont, one of the biggest luxury retail companies in the world, is likely to enter the India‘s single-brand retail market.

Experts call for more than ease in FDI to boost investment

CNBC-TV18's Farah Bookwala reports that analysts call for measures more powerful than the hike in FDI limits to boost overseas investment in the retail sector.

Pavers England plans big to widen pan-Indian footprint

Footwear firm Pavers England last week became the first company to get the Foreign Investment Promotion Board's nod for 100% FDI in single-brand retail. Utsav Seth, MD & CEO, Pavers India explains to CNBC-TV18 about his plans for investment in the country.

UK's Pavers to knock on FIPB's door for FDI nod on Oct 19

India's first proposal for 100 percent FDI in single-brand retail could get FIPB nod on October 19. The proposal is by luxury shoe-maker Pavers England. CNBC-TV18's Rituparna Bhuyan reports.

Opening store in India subject to approval: IKEA

Swedish home furnishings major IKEA will open stores in India only after the government approves its application in entirety, although sourcing norms for FDI in single-brand retail have been diluted.

Why govt eased 30% outsourcing rule in single brand retail?

In niche products, it may not be viable for the foreign investors to build capacities wherever they engage in retailing, owing to the specialized requirements of quality and precision which the local small industry may not be able to provide.

Foreign investments & e-commerce activities

Recently pink papers covered a story stating Flipkart‘s ambitions to raise USD 100 million. (around Rs. 555 Crore.) However, there has been a great deal of debate surrounding online shopping sites in India who have become a medium for sourcing foreign investments in the country.

DIPP rules out policy changes in single-brand retail

Department of Industrial Policy and Promotion (DIPP) has written to Ikea on single brand retail (SBR) sourcing norm concerns, reports CNBC-TV18 quoting government sources.

Single brand retail norms could be tweaked by DIPP: Sources

The Department of Industrial Policy and Promotion (DIPP) is likely to tweak foreign direct investment norms in single-brand retail, CNBC-TV18 said quoting sources.

Green Signal for Single Brand Retail

By Rushab Dhandokia, Institute of Law, Nirma University

Single-brand retail: IKEA wary of SME sourcing norms

For those of you planning on buying from an IKEA store in India, hold on. It seems that the global furnishing giant is not building on its India plans just yet. The reason? The definition of the term SMEs in the single-brand retail press note, reports CNBC-TV18’s Rituparna Bhuyan.

Allow FDI before budget to change investor sentiment: FICCI

FDI as a subject of debate has always made the seneral secretary of FICCI Rajiv Kumar happy.

Govt to notify 100% FDI in single brand retail soon

The government is soon expected to issue the notification allowing 100% foreign direct investment in single brand retail, Industry Secretary, PK Chaudhery said on Friday.

Should govt have introduced FDI in retail in phased manner?

The government has managed to eke out a minor victory in the entire FDI in retail saga. Sources have told CNBC-TV18's economic policy editor Siddharth Zarabi that the notification on single-brand retail will be done in due course.

FDI in retail not about jobs; will modernise sector: Montek

The government allowed 51% FDI in multi-brand retail, while completely opening single-brand retail to overseas investors. Planning Commission Deputy Chairman Montek Singh Ahluwalia shared his views on FDI in retail and justified his points on why it should be done by different states.

FDI in retail: Experts confident proposal will get go ahead

Shobhana Bhartia, Chairperson, Hindustan Times Group and Member of Parliament, Rajya Sabha tells CNBC-TV18 that she will be surprised if FDI in retail does not get through Parliament.

FDI in retail: 'Must own brand' clause may stir up debate

It's been over a month that the DIPP issued the FDI policy but the ramifications continue to fluster the industry.