'No rush in retail FDI'

'No rush in retail FDI'

“Until a decision is formally taken to allow foreign direct investment (FDI) in front-end multi-brand, the big chains can come to India and build up infrastructure and integrate (with) the (small) retailers,” DIPP Secretary R P Singh said.

The Department of Industrial Policy and Promotion (DIPP), an arm of the Industry Ministry, responsible for FDI related matters.