Retail revs up for the long haul in IndiaEconomic Times
FDI in retail must be allowed, insists Anshuman Magazine, CMD of CB Richard Ellis South Asia Pvt Ltd. "India's retail trade is around $ 180 Retail billion, which is almost 10 per cent of the GDP, employing more then 21 million persons. Policies should be more transparent and smooth, in order to attract foreign investors," he justifies.
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