Home / Knowledge / News / Apparel/Garments / FIPB approves 66 single-brand retail proposals since 2006
FIPB approves 66 single-brand retail proposals since 2006
Dec '12
A total of 66 proposals for foreign direct investment (FDI) in single-brand retailing have been approved by India’s Foreign Investment Promotion Board (FIPB) since 2006, Economic Times said quoting PTI.
Last month, Pavers became the first company under the Government’s new policy to allow 100 percent FDI in single-brand retail, whose proposal was cleared by the FIPB.
Apparel retailer Brooks Brothers is among the other 65 brands that have got FIPB nod for entering Indian single-brand retail market, Minister of State for Commerce and Industry S Jagathrakshakan said in a written reply to Lok Sabha, the lower house of Indian Parliament.
In February 2006, the Government of India allowed FDI in India’s single-brand retail with an upper cap of 51 percent. However, the FDI limit was increased to 100 percent in 2012.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search