5220
Age: 32
4794 days old here
Total Posts: 390
Points : 3
Location:
quetta, Pakistan
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Conditions put forward for investors in the proposal for the multi-brand retails: 1. The proposal makes a clear stand that investors looking ahead for investments will have to take the permission in form of approvals from the Foreign Investment Promotion Board 2. Investment of minimum $100 million is a must for any foreign investor planning to invest in India, out of which 50% of the investment should be made in creation of back-end infrastructure. Back-end investment means investments that is made in quality control, warehouse creation, cold storage, design improvement, manufacturing, processing and packaging 3. The investors will have to get 30% of the production of their total products by the small-scale industries 4. The proposal also clears that the agricultural produce like pulses, flowers, fruits, vegetables, poultry item, fishery, meat and others can be unbranded 5. Investors can invest in the 51 cities with a minimum population of 10 lakh people as per the census presented in the year 2011
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