Nov 30, 2004

FDI in retail, aviation in India

Sujan has an informed post about Foreign Direct Investment in the Indian Retail sector.

Another FDI debate that got stirred up was the announcement by Richard Branson that he would like to invest in his personal capacity in some Indian domestic carrier in the vicinity of 25-49%. Wonder how the government would interpret that ?

Oh oh, they said they are OK with it !