ProXy Page Forum

zvswgogna

Draft cabinet note on sourcing norm for FDI in retail soon
New Delhi: The commerce and industry ministry will soon circulate a draft cabinet note to bring out further clarifications on the mandatory 30 percent sourcing from small industries in the wake of IKEA seeking further relaxation of the norms.
The ministry, however, is unlikely to give away too much to the Swedish furniture and home furnishing retail giant, as according to sources, it is tough to accommodate all the demands that IKEA has made.
"The DIPP will soon circulate a draft cabinet note to about 20 different departments for further clarification on mandatory sourcing norm," a source said.
According to the source "the draft note is aimed to get more clarity on these issues".
As per the present single brand FDI policy, global retailers would have to source 30 percent of their requirement from Indian small industries which have a total investment in plant and machinery not exceeding USD 1 million
Swedish furniture major IKEA, which has proposed to invest Rs 10,500 crore to set up single brand retail stores in India, had asked the government that it must be allowed to continue sourcing from small units even after the vendors have crossed the mandatory USD one million investment limit.
On the possibility meeting all the demands made by IKEA, the source said "the firm has asked for too many relaxations and it is tough to accommodate all the demands".
However there were certain genuine clarifications which IKEA has raised and the ministry was trying to get a clarity on it, a source added.
A DIPP official said that there is a need for further clarification on "issues like what is the period over which the retailers would calculate 30 percent sourcing, from which date you calculate USD 1 million investment (need to be clarified)?".
In its application, IKEA had stated that if the group were to comply with this norm, such units would very soon outgrow the stipulated valuation (of USD 1 million) and become large setups.
Owing to the restriction contained in the FDI policy, such small industries may lose out on vast volumes of business from the group, the company had said.
Moreover, it said that if the company would keep on changing its vendors, such abrupt change would also disrupt the quality of the products that would be released in the market and also the supply chain operations of IKEA group.
Industry experts said the absence of a clarification on the matter is also leading to negligible inflow of FDI in the singlebrand retail despite the government has increased the FDI cap to 100 percent in the sector.
In January, the government notified its decision of allowing 100 percent FDI in singlebrand retail, paving way for global chains like Ikea, Adidas,[url=http://www.floware.fr]michael kors pas cher[/url], Louis Vuitton and Gucci, to name a few, to have full ownership of their India operations.
Though 51 percent FDI in single brand was allowed in February 2006, not much investment has come in the sector. During last three and half years, FDI worth only USD 45 million was received in the sector..

wqhdoidba

How
,[link widoczny dla zalogowanych]
research group has to Longchang County,[link widoczny dla zalogowanych], the cooperation between Sichuan and Chongqing Longchang Industrial Park Planning Exhibition Hall, Sichuan Ze yuan Garments Co. Ltd.,[link widoczny dla zalogowanych], Sichuan cementhai Machinery Co. Ltd.,[link widoczny dla zalogowanych], Sichuan Huiyu Pharmaceutical Co. Ltd, Neijiang international Home Furnishing trade city and Neijiang Wanda Plaza and other places,[link widoczny dla zalogowanych], in-depth understanding of export enterprises and third industry business in our city.
"sales,[link widoczny dla zalogowanych], export sales accounted for the entire sales proportion, mainly sold in what place?" "Order production?" "What are the main transportation channel exports?" "Business situation how?"...... Based on a detailed understanding of the work,[link widoczny dla zalogowanych], Xie Kaihua puts forward some suggestions for our business: development plan to develop scientific,[link widoczny dla zalogowanych], in-depth study of market,[link widoczny dla zalogowanych], aim at the market demand development; rational use of various preferential policies,[link widoczny dla zalogowanych], reduce the risk of enterprises; to export trade enterprises bigger and stronger,[link widoczny dla zalogowanych], to create a well-known brand. For specific projects,[link widoczny dla zalogowanych], said Xie Kaihua, Home Furnishing trade city to go the international route,[link widoczny dla zalogowanych], do as much as possible the direct manufacturers; Wanda Plaza construction quickly,[link widoczny dla zalogowanych], will be built to form another Neijiang commercial circle,[link widoczny dla zalogowanych], promote the Neijiang economy especially the development of the third industry,[link widoczny dla zalogowanych], efforts should be made to the Wanda Plaza into one of the symbols of Neijiang,[link widoczny dla zalogowanych], the Wanda the creation of the "Neijiang speed" to "Sichuan speed",[link widoczny dla zalogowanych], become the typical sichuan. (Intern Yang Caihong)
Neijiang Daily: [name] in]
The
11 month 20 days,[link widoczny dla zalogowanych], the provincial commerce department director Xie Kaihua a line to the city survey business work,[link widoczny dla zalogowanych], accompanied by Vice Mayor Chen Lang.
相关的主题文章：

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

[link widoczny dla zalogowanych]

India railway system, the fourth largest in the world. Only the outskirts of Mumbai in crowded, there are about 6000 people die every year across the railway. The report said: "this massacre no civilized society can accept railway system." The report points out, pedestrian crossing railway and killed, mostly because there is no bridges and other facilities in the vicinity.