Ratan Tata on FDI in Retail

Tata Group Chairman Ratan Tata has hailed the Government’s move to allow foreign direct investments in multi-brand retail.
This clearance will enhance the image of India amidst foreign investors and will signal that India is on the move again, Tata said in a letter to Commerce and Industry Minister Anand Sharma.
Tata has also recognised Anand Sharma’s efforts in achieving this “long overdue goal despite tremendous political resistance from vested interest sections”, sources said.

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