Allow 100% FDI in multi-brand retail: Bharti's Rajan Mittal
Bharti Enterprises Vice-Chairman Rajan Mittal has called for 100% Foreign Direct Investment in multi-brand retail. "We should take a bold step and open retail, as the sector can create as much as 56 million jobs, including to women," Mittal added. The current FDI policy allows foreign investors to hold a maximum stake of 51% in multi-brand retail.