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Industry & Economy - Foreign Direct Investment
Marketing - Retailing
Liberalisation of FDI in retail on track

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Bharat Matrimony

New Delhi Feb. 9 The Government is likely to go ahead with its liberalisation agenda for foreign direct investment in specific sectors in retail, such as electronics, stationery and sports goods, according to the Commerce and Industry Minister, Mr Kamal Nath.

When asked whether the recent controversy over the Congress President Ms Sonia Gandhi's letter over Wal-Mart to the Prime Minister would be an impediment for opening up the sector to FDI, he replied in the negative.

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