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The following Proposals have been approved by Department of Industrial Policy and Promotion as on 29.8.17.
1 M/s MM Retail Private Limited ---Post facto approval for FDI pursuant to direction from the RBI. For Single Brand Retail Trading.
2 M/s Dyson International Limited--- Approval to carry out single brand retail trading of “Dyson” branded products in India. Single Brand Retail Trading for GBP 5 million to 10 million.
FDI approvals for single-brand retail trading permit post-facto and fresh authorisations for specified foreign retail proposals. FDI approvals were granted for single brand retail trading: a post-facto approval for a retail entity pursuant to a regulatory direction, and a separate approval for a foreign company to carry out single brand retail trading of its branded products in India with a specified investment band.Press 'Enter' after typing page number.