FIPB approves four international brands
By VJ Media Bureau | Vjmedia Works | February 14, 2013
Le Creuset, Decathlon, Fossil Inc and Promod to set up joint venture.
The FIPB (Foreign Investment Promotion Board) cleared four foreign direct investment (FDI) proposals to set up operation in the country. According to the news reported in PTI, the ones who received the go ahead include; French cookware maker Le Creuset, sportswear company Decathlon, jeweler and watch maker Fossil Inc. and Promod - to set up joint venture.