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British household appliance maker Dyson gets FDI approval

The company has a website with an Indian domain name already running

Photo: Shutterstock
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Photo: Shutterstock

Subhayan Chakraborty New Delhi
Two foreign direct investment (FDI) proposals by British household appliance maker Dyson International and another firm has been approved by the government for single brand retail trading.

The Commerce and Industry Ministry on Tuesday said it has approved FDI proposals by Dyson International which designs and manufactures household appliances such as vacuum cleaners, hand dryers, bladeless fans among other items and employs more than 7,000 people worldwide.

Dyson International got an approval to carry out single brand retail trading of 'Dyson' branded products in India, it said in a statement. The investment envisaged in the range of 5 million to