India opens up to global supply chains
28 Nov 2011
Source: The Australian
India has opened itself up to supplier input from across the globe after its government agreed to allow foreign multi-brand retailers to own up to 51 per cent of joint ventures in India.
The move has paved the way for international supermarkets and departments stores to establish joint ventures, a major step in opening one of the last great consumer markets that has been off-limits to many of the world’s biggest retailers.
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