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Reforms Can Attract UK Cos to Food Sector


NEW DELHI: Policy reforms like liberalisation of FDI in multi-brand retail and implementation of GST can attract investments from UK companies into the domestic food supply sector.

According to a report, “government needs to hasten various policy and regulatory reforms like right compensation for land acquisition, liberalisation of FDI in multi-brand retail, implementation of GST and green channeling for agri produce,” said the report titled ‘India-UK collaborations and investments in food supply chain’, prepared by Dun & Bradstreet Tangram.

These measures will push India-UK collaborations and investments in food supply sector where huge opportunities and potential remain to be tapped fully”, the report said.

Source: Economic Times

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