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Trade min: still deciding on FDI in multi-brand retail

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People are pictured inside a shopping mall in Mumbai July 28, 2007. India has not yet decided on allowing foreign direct investment into multi-brand retail, Trade Minister Anand Sharma said on Tuesday. REUTERS/Sima Dubey/Files

People are pictured inside a shopping mall in Mumbai July 28, 2007. India has not yet decided on allowing foreign direct investment into multi-brand retail, Trade Minister Anand Sharma said on Tuesday.

Credit: Reuters/Sima Dubey/Files

NEW DELHI | Tue Nov 9, 2010 1:50pm IST

NEW DELHI (Reuters) - India has not yet decided on allowing foreign direct investment into multi-brand retail, Trade Minister Anand Sharma said on Tuesday.

Sharma on Monday had said India had a positive mindset about opening up its multi-brand retail sector to foreign firms but would take into account concerns over jobs in small, independent outlets.

(Reporting by Matthias Williams; editing by Bryson Hull)

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