India gets $259 mn FDI in single brand-retail

India received a total of USD 259 million foreign direct investment (FDI) in single brand retail since 2010.
India gets $259 mn FDI in single brand-retail

India received a total of USD 259 million foreign direct investment (FDI) in single brand retail since 2010, says a PTI report.

According to current FDI policy, govt allows 100 investment in single brand retail and 51% in multi brand retail.

During April-September 2014, the country received USD 167.52 million FDI in single brand retail sector, Minister of State for Consumer Affairs Raosaheb Patil Danve said in a written reply to the Lok Sabha.

In the last fiscal, India attracted USD 11.30 million FDI.

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