“H&M’s Rs 700-cr FDI proposal in India” gets DIPP’s Green Signal | Business Standard

Approval comes 6 months after Swedish clothing giant applied for India entry. 

The Department of Industrial Policy and Promotion (DIPP) is learnt to have given its approval to Hennes & Mauritz AB’s (H&M) Rs 700-crore investment proposal, almost six months after the Swedish clothing giant made an application to foray into the Indian single-brand retail market. 

DIPP green signal for H&Ms single-brand retail FDI proposal | Business Standard



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