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Cabinet to soon consider relaxing local sourcing norms for single brand retailers

The Cabinet is expected to soon consider a proposal of FDI-linked relaxation for mandatory 30 percent local sourcing norms for foreign single brand retailers by allowing them more time to comply with regulations, sources told PTI.According to a PTI...
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Retailers’ wishlist for Budget 2024: Roadmap for long-term growth; reduce import duties

Support for MSMEs and investment in digital infrastructure rank among the foremost requests of industry representatives for the upcoming...
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