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Sharma to meet heads of global retail chains

Four new retailers from US, two from Germany may have shown interest in setting up shop in India

The list of international retail chains invited for an open house with Commerce and Industry Minister Anand Sharma this Thursday seems to suggest there are at least four more American groups, apart from Walmart, that have shown interest in the Indian market. Also, from Germany, there are two others, besides the already present Metro Cash & Carry, which might have made enquiries on the Indian retail business. For a meeting called by Sharma to clarify issues related to the multi-brand retail policy, announced in September 2012, heads of 11 foreign chains and 10 Indian companies have ...