December 28, 2013,
Consumer behaviour, Essential Law for Marketers, Guru in a Bottle, Legal update, News, Sales practice 
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Indian consumers could soon be shopping in hypermarkets partly owned and managed by Western retailers as a result of the relaxation in Foreign Direct Investment (FDI) regulations see a surge of business interest and investment from European brand owners in 2014.
For example, it’s just been announced that British supermarket chain Tesco is the first international retailer to have its plan to invest USD 10m (GBP 67m) approved by India’s Commerce and Trade Ministry. The deal paves the way for Tesco in partnership with a Tata subsidiary to open multi-brand stores across India by taking a 50% stake in Trent Hypermarkets, which in turn operates Star Bazaar stores in the sta...
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