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India opens doors to Nike<br><br>(CNN) " Nike, Starbucks and Ikea " the doors of India are now fully open to you.<br><br>Previously, under foreign direct investment (FDI) rules that limited single brand foreign ownership to 51%, foreign brands were required to partner with local investors.<br><br>Under the new rule passed by the government Tuesday, single brand retailers like Marks Spencer or Gucci can own 100% of their operations in India, according to a circular released by the Department of Industrial Policy Promotion.<br><br>The move was the latest in the political battle over whether to crack open Asia TMs third largest economyto greater foreign investment.<br><br>In November, the government had planned to relax restrictions that prevent large, multi brand foreign retailers like Wal Mart, Tesco and Carrefour, but the plan was scrapped after a populist backlash against the plan (see above photo) amid fears small retailers would be muscled out of business.<br><br>Rajan Bharti Mittal, managing director of Bharti Enterprises " which has a joint venture with Wal Mart for cash and carry wholesale stores that sell to businesses " told reporters this is a welcome move with a clear potential to lift the general mood in the economy.<br><br>Increased investments by foreign single brand retailers will not only help improve consumer choice but also enhance competitiveness of Indian enterprises through access to global designs, technologies and management practices, Mittal said.<br><br>Thursday TMs move comes a little more than a week after India announced plans to further liberalize its stock market to foreign investors. Starting January 15, individual foreign investors will be able to buy as much as 5% of a company TMs shares. Total shares owned by foreigners, however, will not be able to exceed 10% of a company TMs capital,michael kors iphone 5 case, the Finance Ministry said.<br><br>Before only institutional investors and Indians living abroad were allowed to invest directly in local companies.<br><br>The Sensex, India TMs benchmark index, fell 25% last year, making the bourse one of the world TMs worst performing markets in 2011. While among the world TMs fastest growing economies, India TMs breakneck growth slowed in 2010, slipping to 6.9% in the quarter ending in September " its lowest growth rate in more than two years.<br><br>Don think this is a great idea. True, that international products will be of high quality, but they won reduce their prices for Indian economy. While an American, earning 8,000 dollars, can easily go for a product from an international brand costing five hundred dollars, but an Indian earning thousand dollars for the same job in India, might not be able to. Either these international companies must reduce their prices, (which won work, cos then people from outside India would try to get these products for cheap from India), or Indians should be paid as much as Americans (for eg) to be able to afford them. People might say that nothing will change initially, but over the years, international companies will slowly increase their rates, pushing more Indians to poverty<br><br>BTW, Barista and CCD sucks in India, yes, they have penetrated heavily, but it is poor coffee. Starbucks is way better around the world. But I don know if they can keep up the same quality in India. Every brand compromises on quality in India. I was not impressed with Costa either, but atleast it was drinkable.<br><br>Ikea is such cheap furniture, I wonder what cheaper quality they will produce specially for Indian customers.<br><br>January 11, 2012 at 11:13 pm<br><br>Ikea, Starbucks, Nike etc. are necessities of the modern information age human beings. Indian midldle class too must strive to consume these necessities. Not consuming these necessities will put them behind the modern world and their lives will be full of darkness. They must not resist such laws as it will only make them look backward and fanatic. Manmohan Singh always does the right thing for India no matter howmuch Sonia Gandhi influences him. Also rightful expenditure on these necessities should not be termed as plundering by those companies.<br><br>Well, I heard of people talking about fresh and green vegetables available at Super markets. That nonsense. A local market (if you know where to shop for vegetables) sells better vegetables in India. The profit seeking don sell week old vegetables, which were under refrigeration for long! The hunt for profit in a, completely, unethical way, is what is twisting the world! but people will gather because its cheap, looks (????) and in a certain way you define your social status! In the long run it will hurt local businesses unless the government can cap the investment limits and bring in business protection policies for the benefit of everyone.<br><br>Older IKEA stores are usually very large blue buildings with yellow accents (also Sweden national colours) and few windows. They are often designed in a one way layout, leading customers counter clockwise along what IKEA calls long natural way designed to encourage the customer to see the store in its entirety (as opposed to a traditional retail store, which allows a customer to go directly to the section where the goods and services needed are displayed). However, there are often shortcuts to other parts of the showroom. Newer IKEA stores, like the one in Mnchengladbach, Germany, make more use of glass, both for aesthetics and functionality. Skylights are also now common in the self serve warehouses; natural lighting reduces energy costs, improves worker morale and gives a better impression of the product.,.

India opens doors to Nike<br><br>(CNN) " Nike, Starbucks and Ikea " the doors of India are now fully open to you.<br><br>Previously, under foreign direct investment (FDI) rules that limited single brand foreign ownership to 51%, foreign brands were required to partner with local investors.<br><br>Under the new rule passed by the government Tuesday, single brand retailers like Marks Spencer or Gucci can own 100% of their operations in India, according to a circular released by the Department of Industrial Policy Promotion.<br><br>The move was the latest in the political battle over whether to crack open Asia TMs third largest economyto greater foreign investment.<br><br>In November, the government had planned to relax restrictions that prevent large, multi brand foreign retailers like Wal Mart, Tesco and Carrefour, but the plan was scrapped after a populist backlash against the plan (see above photo) amid fears small retailers would be muscled out of business.<br><br>Rajan Bharti Mittal, managing director of Bharti Enterprises " which has a joint venture with Wal Mart for cash and carry wholesale stores that sell to businesses " told reporters this is a welcome move with a clear potential to lift the general mood in the economy.<br><br>Increased investments by foreign single brand retailers will not only help improve consumer choice but also enhance competitiveness of Indian enterprises through access to global designs, technologies and management practices, Mittal said.<br><br>Thursday TMs move comes a little more than a week after India announced plans to further liberalize its stock market to foreign investors. Starting January 15, individual foreign investors will be able to buy as much as 5% of a company TMs shares. Total shares owned by foreigners, however, will not be able to exceed 10% of a company TMs capital,michael kors iphone 5 case, the Finance Ministry said.<br><br>Before only institutional investors and Indians living abroad were allowed to invest directly in local companies.<br><br>The Sensex, India TMs benchmark index, fell 25% last year, making the bourse one of the world TMs worst performing markets in 2011. While among the world TMs fastest growing economies, India TMs breakneck growth slowed in 2010, slipping to 6.9% in the quarter ending in September " its lowest growth rate in more than two years.<br><br>Don think this is a great idea. True, that international products will be of high quality, but they won reduce their prices for Indian economy. While an American, earning 8,000 dollars, can easily go for a product from an international brand costing five hundred dollars, but an Indian earning thousand dollars for the same job in India, might not be able to. Either these international companies must reduce their prices, (which won work, cos then people from outside India would try to get these products for cheap from India), or Indians should be paid as much as Americans (for eg) to be able to afford them. People might say that nothing will change initially, but over the years, international companies will slowly increase their rates, pushing more Indians to poverty<br><br>BTW, Barista and CCD sucks in India, yes, they have penetrated heavily, but it is poor coffee. Starbucks is way better around the world. But I don know if they can keep up the same quality in India. Every brand compromises on quality in India. I was not impressed with Costa either, but atleast it was drinkable.<br><br>Ikea is such cheap furniture, I wonder what cheaper quality they will produce specially for Indian customers.<br><br>January 11, 2012 at 11:13 pm<br><br>Ikea, Starbucks, Nike etc. are necessities of the modern information age human beings. Indian midldle class too must strive to consume these necessities. Not consuming these necessities will put them behind the modern world and their lives will be full of darkness. They must not resist such laws as it will only make them look backward and fanatic. Manmohan Singh always does the right thing for India no matter howmuch Sonia Gandhi influences him. Also rightful expenditure on these necessities should not be termed as plundering by those companies.<br><br>Well, I heard of people talking about fresh and green vegetables available at Super markets. That nonsense. A local market (if you know where to shop for vegetables) sells better vegetables in India. The profit seeking don sell week old vegetables, which were under refrigeration for long! The hunt for profit in a, completely, unethical way, is what is twisting the world! but people will gather because its cheap, looks (????) and in a certain way you define your social status! In the long run it will hurt local businesses unless the government can cap the investment limits and bring in business protection policies for the benefit of everyone.<br><br>Older IKEA stores are usually very large blue buildings with yellow accents (also Sweden national colours) and few windows. They are often designed in a one way layout, leading customers counter clockwise along what IKEA calls long natural way designed to encourage the customer to see the store in its entirety (as opposed to a traditional retail store, which allows a customer to go directly to the section where the goods and services needed are displayed). However, there are often shortcuts to other parts of the showroom. Newer IKEA stores, like the one in Mnchengladbach, Germany, make more use of glass, both for aesthetics and functionality. Skylights are also now common in the self serve warehouses; natural lighting reduces energy costs, improves worker morale and gives a better impression of the product.,.