Single-brand retail scene in India encouraging

From April 2010 to May 2013, the government approved a total of 18 FDI proposals worth $173 million in the single-brand retail sector.In May, it cleared Ikea’s Rs.10,000 crore investment proposal. Soon after, another Swedish retailer, H&M, put in an application to invest Rs.700 crore (awaiting clearance). In February, the finance ministry cleared four proposals from foreign retailers for single-brand retail, including two from French sport goods retailer Decathlon and American fashion retailer Fossil Inc. Such new development in the retail segment will be an added advantage for the signage players whose activities involve in the in-shop displays and other related activities.