Japanese sportswear brand Asics eyes local production for FDI, lower duties
Japanese sportswear brand Asics is planning local sourcing in India so that it can apply for FDI and benefit from lower duties. Considering its competitors like Nike and Puma have already got FDI clearance to start their own stores, Asis has to wait ...Hindu Business Line, 2 weeks ago
Govt may soon relax local sourcing norms for single-brand retailers
The govt may cut the mandatory requirement of 30% local sourcing, which any single-brand retailer with more than 51% FDI has to comply with, by halfBusiness Standard, 2 months ago
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