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FDI could hit Indian retail stocks: Matthews Asia

Georgina Lee
While many feel foreign direct investment will boost India's consumer goods sector, it is likely to negatively affect local retail brands, argues portfolio manager Sunil Asnani.
FDI could hit Indian retail stocks: Matthews Asia

Foreign direct investment may benefit India as a whole, but could be negative for investors in local retail companies, argues Sunil Asnani, portfolio manager at US fund house Matthews Asia.

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