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        News and Press Release

        Foreign Companies in Retail Sector.

        August 13, 2012

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        Press Information Bureau
        Government of India
        Ministry of Commerce & Industry

        13-August-2012 17:06 IST

        Foreign Companies in Retail Sector

        A list of approved proposals under Single Brand Retail Trade is at Annexure. 

        ANNEXURE REFERRED TO IN REPLY TO PART (a) to (c) OF THE LOK SABHA UNSTARRED QUESTION NO. 537 FOR ANSWER ON 13th AUGUST, 2012.

         

        LIST OF APPROVED CASES IN SINGLE BRAND RETAIL TRADE

         

        Sl.No

        Name of Investor and country

        1.

        M/s Tano India Private Equity Fund I/and or its subsidiaries, Mauritius

        2.

        M/s Louis Vuitton Malletier (France)

        3.

        M/s Lladro Commercial S.A, Spain

        4.

        M/s Fendi International, SA, France

        5.

        M/s Damro Exports Pvt. Ltd., Sri Lanka

        6.

        M/s RINO Greggio Argenterie, S.p.A Italy or its subsidiary

        7.

        M/s Mitsui Automotive Investment B.V, Nethelands

        8.

        M/s ErmenegildoZegnaHolditaltaSpA, Italy

        9.

        M/s Etamint, Belgium

        10.

        M/s Lee Cooper International Ltd., U.K

        11.

        M/s FabindiaInc, USA

        M/s WCP Mauritius Holdings, Mauritius

        12.

        M/s Socomec SA, France

        13.

        (i) M/s Grotto SPA, Italy

        (ii)  M/s SimsetSpA, Italy

        14.

        M/s Sin Rong Pvt. Ltd, Singapore

        15.

        M/s WahLuen Electronic Tools Co. Ltd., China

        16.

        M/s Fabriano SDN BHD, Kuala Lumpur, Malaysia

        17.

        M/s Christian Dior Couture, Paris, France

        18.

        M/s Forever New Clothing Pty. Ltd., Australia

        19.

        M/s Hermes International France

        20.

        M/s Trio Selection Inc., Canada

        21.

        (i) M/s Tod’s Hong-Kong Ltd.,Hong Kong.

        (ii) M/s Tod’s International BV, Netherlands

        22.

        M/s Diesel International  BV Netherlands

        23.

        M/s Dolce &Gabbana, Milan, Italy and/or its subsidiaries, affiliates or associate companies

        24.

        (i)M/s LA Bicycles (Thailand)

        (ii)M/s Indus Trading Co., Thailand

        25.

        M/s Rene Derhy, France

        26.

        M/s Crocs Asia Pvt. Ltd. Singapore

        27.

        M/s Richmont Services B.V Amsterdam, Netherlands directly or through one or more of its affiliates

        28.

        M/s Power Plate India Holdings Ltd., Mauritius

        29.

        M/s Giorgio Armani Holding BV, Netherlands

        30.

        M/s Giordano Mauritius Ltd., Mauritius

        31.

        M/s Pearle India, Netherlands

        32.

        M/s Marks & Spencer PLC U.K. Directly or through its affiliates

        33.

        M/s Hallmark Group Ltd., UK

        34.

        M/s Piquadro S.P.A, Italy

        35.

        M/s Ferragamo International B.V, Netherlands

        36.

        M/s Aran World S.r.l. Italy `

        37.

        M/s. Celio International, Belgium. Directly or through its affiliates

        38.

        M/s S.Oliver Bernd FreiherGmbh& Co., Germany Directly or through its affiliates

        39.

        M/s Louis Vuitton, France

        40.

        M/s Doral Capital S.A  Luxembourg

        41.

        M/s DAMA S.p.A, Italy

        42.

        M/s Cool Toy Watch Srl, Italy

        43.

        M/s Austria Puma DasellchaftMbH, Austria

        44.

        M/s Lerros  Moden Gmbh, Germany

        45.

        M/s Poltrona Frau S.p.A Frau, italy

        46.

        M/s Indo International S.A Spain

        47.

        M/s Nokia Corporation Finland, Directly or through its wholly owned Indian subsidiary Nokia India Pvt. Ltd

        48.

        M/s Damas LLC, Dubai, UAE, Directly or through its affiliates

        49.

        M/s Oviesse S.P.A Italy

        50.

        M/s Industria de DisenoTextilSociedadAnonima (Inditex S.A), Spain

        51.

        M/s L’Occitane Singapore Pte. Lte., Singapore

        52.

        M/s FIAMM  S.p.A, italy

        53.

        M/s Gucci Group N V Netherlands

        54.

        M/s Burberry International Holdings Ltd., UK OR WoS of M/s Burberry Group Plc. UK

        55.

        M/s Mothercare UK Ltd.,U.K Directly or through it affiliates and or group company

        56.

        M/s Early Learning Centre Ltd., U.K

        57.

        M/s Verve Hearing Systems AG, Switzerland

        58.

        Mr. Matteo Basso, Mr. Daniele Cesaro, Mrs. Beatrice Basso, Italy

        59.

        M/s C&J Clark International Ltd., UK

        60.

        M/s Delsey S.A, France

        61.

        M/s Christian Louboutin S.A France

        62.

        M/s Timex Garments Pvt. Ltd., Sri Lanka

        63.

        M/s Canali Holding S.A, Italy

                 This information was given by the Minister of State  for Commerce &     Industry Shri Jyotiraditya M. Scindia  in written reply to a question in Lok  Sabha today 

        DS/GK

        Single Brand Retail Trade approvals published listing authorised foreign investors and their permitted corporate vehicles for entry. The Ministry of Commerce and Industry published an administrative list of foreign investors whose proposals for Single Brand Retail Trade were approved, identifying each approved investor and, where applicable, the subsidiaries, affiliates or group companies authorised to undertake single-brand retail operations in India; the announcement records executive approvals and the intended corporate vehicles without detailing specific conditions or obligations.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Single Brand Retail Trade approvals published listing authorised foreign investors and their permitted corporate vehicles for entry.

                                The Ministry of Commerce and Industry published an administrative list of foreign investors whose proposals for Single Brand Retail Trade were approved, identifying each approved investor and, where applicable, the subsidiaries, affiliates or group companies authorised to undertake single-brand retail operations in India; the announcement records executive approvals and the intended corporate vehicles without detailing specific conditions or obligations.





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