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    ISAS Insights

    Detailed perspectives on developments in South Asia​​

    192 : FDI in Multi-brand Retail in India: Signs of New Resolve

    S Narayan, Head of Research and Visiting Senior Research Fellow at the ISAS

    4 December 2012

    In September 2012, the Government of India announced several economic policy reform measures that included a move to allow 51 per cent foreign direct investment (FDI) in multi-brand retail. In the same announcement, it relaxed norms for foreign direct investment in the aviation sector, allowing international airlines to invest in domestic peers and cleared a slew of other reform-oriented measures ÔÇô an increase of FDI in some broadcasting services.