3 single brand retailing FDIs cleared

Reino GreggioThe Government of India has allowed three foreign companies to enter single brand retailing by permitting them to set up subsidiaries in joint venture with local companies, as under:

  • Lladro Commercials (Spain) for Ceramics through Spa Agencies (India)
  • Damro Exports Private Ltd (Sri Lanka) for Damro Brand Furniture through Damro Furniture Private Ltd
  • Rino Greggio Italy Silverware
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