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Foreign Direct Investment in Food Retail
date:Aug 29, 2012
e DIPP, IKEA, the world's largest single-brand retailer, has said it has identified India as a potential major retail market. Meanwhile, other foreign brands including US-based designer shoe label Steve Madden, LVMH-owned cosmetic and beauty care retailer Sephora, high-end French bakery chain L'Opera, Spanish designer brand Adolfo Dominquez, Armani Jeans, and Buddha Bar are either foraying into India or scaling up operations.

Tommy Hilfiger now plans to roll out 500 new stores in India over the

12/22 12:48