Modi's govt said to mull luring foreign retail for Make-in-India push
New Delhi
INDIAN Prime Minister Narendra Modi's government is considering easing rules for foreign retailers if they agree to sell more locally produced goods, according to an official with knowledge of the matter.
Global companies with a permit to sell local food items - Amazon.com Inc is reported to have applied for a licence - may also be allowed to market made-in-India non-food products such as toothpaste and towels worth about 25 per cent of total sales…
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
US births retreat after pandemic-era growth
Markets are embracing India's Modi for what he won’t do
Blinken to meet businesses in Shanghai as he kicks off a tough China trip
Indonesia’s central bank surprises with ‘pre-emptive’ rate hike to cushion falling rupiah
South Korea’s economic growth beats forecast as exports rise
China 2024 growth outlook raised to 4.8%, deflation risk lingers