Free Subscription

  • Access 15 free news articles each month

Professional

Try one month for $5
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • Exclusive Masterclass access. Part of Retail Week 2021

The dream of India

Earlier this year, Indian Prime Minister Narendra Modi made some substantial changes to the way the country accepts international retailers. Firstly, the need for foreign single-brand retailers to receive federal approval was removed, allowing more players to more easily enter the market. Secondly, a rule that requires businesses to locally source at least 30 per cent of their products was relaxed, allowing this to instead happen over a five-year period. These alterations have created a far