Wednesday, April 22, 2015

The government has put a clause in the draft of the FDI that foreign companies 30 per cent of its t

FDI in retail | KHABAR-E-MEDIA
Nov 24 Cabinet in the grocery business, foreign direct investment indian railways (FDI) is approved. According to the Cabinet decision multi-brand retail (shops indian railways brands in the same showroom) and single-brand retail sector, 51 per cent (of the same brand showrooms) has approved 100 per cent foreign direct investment.
What is the single brand retail sector means that one single brand store company. Market your eye Reebok, Adidas, Nike showroom must be lying. The single-brand retail sector are examples. These are all foreign companies show room, but is 51 per cent of foreign companies. The Indian company has some 49 per cent. 51 per cent in single brand stores in 2006, the government had allowed foreign investment. Then there are 60 foreign companies doing business in India. 100 percent foreign investment in single-brand stores now the Cabinet has approved. The company is now a partner in the company will not need to find or create. Approval of foreign investment in the retail market as well as certain conditions are kept:
Business Sector: FDI in India is currently 100 per cent FDI is allowed in the wholesale business. 51 per cent FDI in single brand retailing is allowed. Do not allow FDI in multi-brand retail.
Allowing FDI in multi-brand indian railways retail sector to meet multi-brand retail in the same showroom will open the way for many companies luggage. indian railways Thus Wal-Mart, Tasco, indian railways as retail giant Metro AG and Carfu entry will open for foreign companies in India. These companies are trying to get long in the retail business in India
1. Cabinet note Infrastructure 50 percent of the foreign investment companies such as cold storage, such arrangements would need to store 2 to 30 per cent (45 per cent of the talks) will purchase from small and medium-sized enterprises 3. In cities with a population of 10 million, which will be opened 4 stores selling branded indian railways and non branded items must also. 5. A project must invest at least Rs 500 crore.
The proposal has been prepared for foreign investment, according to the Cabinet note a cap is imposed on agricultural products. indian railways The foreign companies are free to take it where they buy the product. Prove it to benefit from foreign investment in the retail market in the world, the benefits of foreign investment have been enumerated.
The world's five largest retail companies Votmart (USA), Business: 16 countries, revenue: 404 billion Keyrfor (France), Business: 36 countries Revenue: $ 122 billion Metro AG (Germany), Business in 33 countries, Revenue: 91 billion Tasco (UK), Business: 13 countries, revenue: 90.43 billion Skrwarj Antrnemens (Germany), Business: 25 countries, revenue: 77.22 billion
These companies will compete with Future Group: more than 1,000 stores in the country. The group has a turnover of Rs 12,500 crore. Tata group in the country has more than 2,000 stores and has a turnover of Rs 9544 crore. Of. Raheja indian railways Group 39 stores in the country. The turnover of Rs 1,570 crore. indian railways RPG group in the country of the group employs more than 220 stores. indian railways 1.0 8 3 crore turnover. Reliance: indian railways more than 560 stores in the country and has a turnover of Rs 4,500 crore.
In 1992, 49 per cent FDI in China began with multi-brand retail. Thirty per cent between 1996 and 2000, small businesses benefited. 100 per cent foreign investment in Indonesia and that a small chain of stores like Matahari transaction is worth millions. FDI in multi-brand retail in Russia and Chile are allowed. In both countries, foreign investment has shown good results. indian railways
The government has put a clause in the draft of the FDI that foreign companies 30 per cent of its total merchandise will buy from small and medium indian railways Indian industries. The government is looking to improve. This increased to 45 per cent is being considered.
FDI in multi-brand retail to retail giants like Wal-Mart to buy 30 per cent of micro and small enterprises [MSE] to the condition may benefit indian railways more than India to China. Chinese products have dominated indian railways the market. India's trade deficit with China is already 20 billion [1.05 lakh crore] is reached.
It has been said that the rules of the WTO, in an open economy, foreign companies should be allowed to buy their goods. indian railways But it also said it is one thing that no country in the wake of the economic situation of our industry and relaxation of rules could increase the import tax. The exemption can be obtained by many, it will be decided in view.
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