FDI in multi-brand retail a good decision: Shoppers Stop
BS Nagesh, vice chairman and non-executive director at Shoppers Stop, says the move to allow 51 per cent FDI in multi-brand retail is a positive move but riders will need to be carefully planned. He adds if the government is asking retailers to invest 50 per cent in back end then there should be opportunities ( in terms of business) on the front end.
