India suspends plans to open up to foreign supply chains
08 Dec 2011
Source: The Australian
India has shelved recently-announced plans (http://www.pponline.com.au/html/indiasupply.cfm) to allow international supermarkets and department stores to enter the country, which would have opened the country up to greater supplier input from across the globe.
The latest announcement suspends a Cabinet decision to allow 51 per cent foreign direct investment in multi-brand retail until an agreement on how to do it is reached among the nation’s main political parties.
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