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India may further simplify investment norms in multi-brand retail to woo foreign retailers.After a review meeting, commerce and industry minister Anand Sharma said the government may simplify investment guidelines in multi-brand retail.
"If there are any other issues global investors have in mind, the government is receptive to that and any if further clarity in the guidelines is required, the ministry will clarify that because the objective of the policy is to attract FDI," Sharma said.
The government may come up with simplification of guidelines, wherever required, he added.
SOURCE:http://www.indiaretailing.com/news.aspx?topic=1&Id=7038