FDI- AN Overview
What is FDI - ( Foreign Direct Investment) What is FDI in retail A company to get foreign funding the products that it sells to the Public should only be of a ‘single-brand’. so that is Single Brand - It means that Foreign companies would be allowed to sell goods that are sold internationally under a single brand. Multi Brand - It means that Foreign companies can sell any branded products in agreement with the Producrs. For example : Single Brand : If Nokia gets permission, Its retail outlets can only sell products under its brand name Nokia and cannot sell any otherbrand. Multi Brand : Wall Mart When did Govt Introduce FDI in India : the government in a series of moves had opened up the retail sector slowly to Foreign Direct Investment (FDI) In 1997. In 2006 51% of FDI in single brand retail was permitted and it was upgraded to 100% since Jan 2012 . But FDI in MultiBrand is under considera...