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FDI implementation will be a welcome step: Kishore Biyani

Mumbai: Implementation of FDI in multi-brand retail will be a welcome step as it would provide much-needed capital for the sector, Future Group founder and chief executive officer Kishore Biyani has said. “Modern retail is very expensive business. You have to build up the entire distribution, you have to build up the entire supply chain, you have to build retail stores.