By  on February 14, 2013

NEW DELHI — The Indian government on Wednesday approved foreign direct investment, or FDI, in single-brand retail by four retailers — French brands Promod, Decathlon and Le Creuset and U.S. firm Fossil Inc.


The four companies will invest a total of 7.5 billion rupees, or about $140 million, in India, according to an official of the Foreign Investment Promotion Board.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus