Dyson wins nod for FDI in single-brand retail
The Centre on Wednesday said it had cleared two foreign direct investment proposals — that of Dyson International and MM Retail in the single brand retail sector. Dyson International got approval to carry out single-brand retail trading of ‘Dyson’ branded products in India, with the investment envisaged in the range of £5 million-£10 million. MM Retail Pvt. Ltd. also got a post-facto approval for FDI pursuant to RBI’s direction.