Commerce and industry ministry today said it has approved two foreign direct investment proposals, including that of Dyson International, in the single brand retail sector.

Dyson International got an approval to carry out single brand retail trading of ‘Dyson’ branded products in India, it said in a statement.Investment envisaged in the range of 5 million to 10 million British pounds. MM Retail Pvt.Ltd. also got a post facto approval for FDI pursuant to direction from the RBI.

DIPP approves 2 FDI proposals in single brand retail sector

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