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Vaulting over India's Retail FDI Policy Wall
Multi-brand retail was opened to foreign participation in September 2012, but even earlier some Indian and foreign companies had used a maze of relationships between themselves and their subsidiaries to bypass the restrictions. An analysis of the Bharti-Walmart venture.
The views expressed here are personal and do not necessarily refl ect the offi cial policy or position of the institutes with which the authors are associated.