100% FDI in food retail: focus on listed players

| Updated on January 09, 2018 Published on August 02, 2017

The government on Wednesday approved three FDI proposals of Amazon Retail, Supermarket Grocery Supplies and Grofers India worth over ₹3,700 crore for retail trading in food products.

The government has granted permission for 100 per cent foreign direct investment in retail trading of food products manufactured and/or produced in the country.

Shares of Avenue Supermarts, Future Retail and Jubilant FoodWorks may come under focus.

Published on August 02, 2017
This article is closed for comments.
Please Email the Editor