Stocks

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
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