April 27, 2010 / 8:32 AM / 10 years ago

FDI stance on retail unchanged - Anand Sharma

Trade Minister Anand Sharma looks on during a news conference after a G20 ministerial meeting in Geneva November 29, 2009. REUTERS/Denis Balibouse/Files

NEW DELHI (Reuters) - There is no change in India’s policy on opening up retail sector to more foreign direct investment (FDI) as of now, Trade Minister Anand Sharma told reporters on Tuesday.

The current policy allows 51 percent FDI in single-brand retail only.

(Reporting by Rajesh Kumar Singh and Manoj Kumar)

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