Indian government has finally approved Amazon India’s proposed $500 million investment in food retail. The news comes a month after Food Processing Minister Harsimrat Kaur Badal stated that the government will soon clear the investment. The proposal was pending before the foreign investment promotion board (FIPB) which has been abolished now. Continue reading “Amazon India’s $500 million investment in food retail gets government nod”
Food Processing Minister Harsimrat Kaur Badal stated that the government will soon clear Amazon’s proposed $500 million investment in food retail in India, as per a latest PTI report. The proposal was pending before the foreign investment promotion board (FIPB) which has been abolished now. Continue reading “Amazon to soon get government approval for FDI in food retail”
With an aim to attract more foreign investments, the Government has approved 100% Foreign Direct Investment (FDI) for marketplace model of e-commerce in India. Continue reading “100% FDI approved for marketplace model of e-commerce in India”
Apple has been striving for a long time to open its retail stores in India. The iPhone and iPad maker has filed a proposal with the department of industrial policy and promotion (DIPP) to open its own branded stores in the country, according to a report from the Economic Times.
Continue reading “Apple looking forward for DIPP approval to open stores in India”
