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First FDI backed multi brand store may take 15-18 months

10 Oct '12
4 min read

“Though technically a future government could roll-back the policy, but practically it is pretty difficult to reverse an initiative that has already been invested in.  If there was a roll-back in the future, it will surely impact the retailers who include both foreign retailers and their Indian partners”, Mohit informs.

“This is the top most question in the minds of these global retailers, as the governments can change in any of the nine states as well as at the Centre. But I practically do not foresee that happening as times have changed. The 1970’s was a different era. It may not be easy for any new government to reverse the decision”, Siddharth enlightens by saying.

Fibre2fashion News Desk - India

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