Retail would grow faster with FDI. But the Cabinet is now having second thoughts about it
In July, the Committee of Secretaries cleared the penultimate hurdle in allowing FDI in Indian retail. A Booz and Co. report shows retail would grow faster with FDI. But the Cabinet is now having second thoughts about it.
(This story appears in the 07 October, 2011 issue of Forbes India. To visit our Archives, click here.)