IKEA's 10,500 crore rupee investment proposal may have finally been cleared by the foreign investment promotion board (FIPB, but no big investment has been committed yet by major retailers like Tesco, Walmart or Carrefour. Experts, Rajeev Gowda, Professor at IIM and co-founder of Hamaracongress.com; Ankur Bisen, vice president and head of retail and consumer products at Technopak; Mohit Bahl, partner of retail at KPMG; A K Bhattacharya, editor of Business Standard; and BS Nagesh, founder of TRRAIN, discuss if foreign retailers are taking it slow with their India plans.
