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ASA Business Bulletin 14/10/2017-20/10/2017
Saturday Oct 21, 2017

DIPP approves 3 FDI proposals for single brand retail

Department of Industrial Policy and Promotion (DIPP) has approved three Foreign Direct Investment (FDI) proposals including Mountain Trail Foods, Merlin Entertainment and Kohler India Corporation in the single brand retail sector. Mountain Trail Foods will undertake retail trading of food products, Kohler will carry out single brand retailing of ‘Kohler’ branded products and Merlin Entertainments will undertake retailing under the brand ‘Madame Tussauds’.

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