FDI in Retail: Much Lies in the Fine Print

When Indian policy makers announced last week that they would allow big-box foreign retailers like Wal-Mart into the country, they pledged that it was the beginning of a long-awaited second wave of economic reforms that would make the country more hospitable to business.

If they follow through, it could prompt a new economic boom in India, where once-brisk growth has slowed markedly in recent years.

But it is a big if.

ReadOn: FDI in retail: Much lies in the fine print | NDTV.com