Saturday, 26 November 2011

EXCLUSIVE - India opens supermarket sector with conditions (Reuters)

A man takes out a packet of yogurt from a refrigerator at a food store in Noida on the outskirts of New Delhi November 24, 2011. REUTERS/Parivartan SharmaReuters - Foreign supermarkets setting up shop in India will have to source 30 percent of their goods from smaller, local industries, while also needing to make a minimum investment of $100 million in the country, Industry Secretary P.K. Chaudhary said on Friday.


Source: http://us.rd.yahoo.com/dailynews/rss/india/*http://news.yahoo.com/s/nm/20111125/india_nm/india607268

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