CII Survey: An overwhelming majority of enterprises welcomes FDI in retail
The Centre’s recent decision allowing 100% foreign direct investment (FDI) in single brand retail and the stipulation of at least 30% sourcing from domestic micro and small enterprises (MSEs) are seen as positives for the MSME sector. Industry opinion is that the new policy will help MSEs scale up on sales, size, capacity, quality, technology, branding, and job generation, going by a survey of the Confederation of Indian Industry (CII).
Read Full Story>>