In the meantime, while you watch closely the developments publish changes, these companies are staying focused on their current operations in India that includes sourcing in case of Ikea and cash and carry companies Walmart and Carrefour.
Welcoming the Government's move to allow 100 percent foreign direct investment (FDI) in retail stores, IKEA said: "There will now be in the next few days to examine the details of the decision and we expect to submit more information shortly about our intention to establish operations in retail".
The India is a strong buying from long and growing market for IKEA, the Scandinavian furniture retailer said in a statement forwarded and PTI.
French retailer Carrefour that branding is also already entered India through a path to cash and carry is watching closely the developments taking place here.
"Carrefour remains attentive to the resolution of this new regulation and continues the development of its cash and carry operations," the company said in a statement.
The French retailer currently operates two cash and carry stores in India.
Carrefour welcomes the decision of the Indian Government to allow up to 51 percent direct foreign investment in retail of multi brand, he added.
Echoing similar opinions, Walmart said it is willing to invest in back-end infrastructure that will help to reduce waste of agricultural products, improve the livelihood of farmers, the lowering of prices of products and easing the supply-side inflation.
"We need to study the conditions and details of the new policy and the impact it will have on our ability to do business in India," said Walmart India President Raj Jain.
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