FDI in retail: mandatory investment in food infra?

“Allowing 100 per cent FDI in food retail is a significant initiative introduced by the government. Since it will require sourcing products from India, I don’t think that following conditions set by the government on investments in back-end infrastructure will be a challenge.”

Dhanraj Bhagat
Partner, Grant Thornton India LLP

This article appeared in The Hindu Businessline on 22nd June, 2016