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Tag Archives: Multi-Brand Retail
Walmart Exploring Online Retail in India
Apr. 13 – As the large multinational multi-brand retail giants such as Walmart, Carrefour and Tesco wait patiently for a relaxation of Indian investment laws into the sector, Walmart is potentially stealing a lead by exploring possibilities of getting into the same market, but online. The company, looking over its shoulder at the success of Amazon, is keen to develop its own brand into online retailing and has been hiring market specialists in India to look at the feasibility of the business model.
Posted in Business, FDI and Foreign Trade, Retail
Tagged Carrefour, Multi-Brand Retail, Retail, Tesco, Walmart
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Apple, IKEA Looking to Set Up in India – The Sourcing Clause Obstacles
Obstacles remain over precise definitions over sourcing clauses in single brand retail Op-Ed Commentary: Chris Devonshire-Ellis Apr. 10 – Apple and Ikea are another pair of huge global brands that wish to enter the India market in the advent of the liberalization of single brand retail. Both, however, are facing difficulties in overcoming clarifications concerning the souring clauses inserted into the SBR FDI route. This clause, seen below, is causing headaches as there is no definition of what constitutes or qualifies as “small industries/village and cottage industries, artisans and craftsmen.” “In respect of proposals involving FDI beyond 51 percent, mandatory
Posted in Business, FDI and Foreign Trade, Retail
Tagged Apple, Ikea, India FDI, India Retail, Multi-Brand Retail, Single Brand Retail
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