India eased foreign investment rules to benefit the likes of H&M, Uniqlo and Puma

New York – India’s government has just announced its plan to ease foreign direct investment (FDI) norms for the single-brand retail sector as well as to relax the sourcing norms for these entities. The move is expected to allow such companies as H&M, Uniqlo and Puma to expand their footprint in the country.