According to one of the report by consulatancy firm deloitte,it says,as per the policies for FDI the two most favourable retail segments for investment are grocery and apparel.
senior Director of Deloitte Touche Tohmatsu Gaurav Gupta said in the report that “Mass grocery and apparel
are the fastest growing retail segments in India today.Foreign retailers can enter the country by forming a new joint venture company, which shall have multi-brand retail stores.Alternatively,the foreign investor may also consider acquiring 51 percent stakes in the existing business set-up of the potential local joint venture partner”.
he also stated that Multi-brand retail in speciality stores such as consumer electronics, footwear, furniture
and furnishing are expected to expand and mature in the next few years.
However,the policy condition on sourcing will continue to be a major issue for FDI in many of these segments, the report added.
FDI towards the retail sector,”Grocery and apparel being the favourite of MNC’s”-says Deloitte
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