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India opening the door to a global retail giant "The associated press in New Delhi, November 24," India's Cabinet today decided to allow more foreign direct investment in the country's vast retail industry. A move that could strengthen India's food supply chain, global retailing giants such as Wal-Mart Opens India market door. Oppose despite coalition allies and opposition parties, India's Cabinet is to allow multiple brand retailerHighest proportion of foreign direct investment can be 51%. At the same time a single brand retail enterprises increase the upper limit of foreign direct investment to 100%. India now allows foreign ownership in a single holding shares not more than 51% of retail brands, own the 100% share in the wholesale business. Wal-Mart, Carrefour, Tesco, IKEA and other retail giants have been in IndiaFurther relax policy lobbying. Foreign multi-brand retailers currently in the wholesale trade with India partner, but not with 1.2 billion people, India retail market share. India the ruling Congress Party spokesman abixieke��Manu��xinwei told New Delhi television reporter said that it was a "middle way reasonable" decisions. Largest opposition India peopleParty spokesman jiandeng��mitela told a television reporter said: "the Government apparently caved in to international pressure. "Wal-Mart BlackBerry Battery, based in United Kingdom by Tesco and headquartered in France's Carrefour had welcomed that decision. Deloitte accounting firm said the size up to 400 billion dollar retail market which is second only to agriculture in India's second largest employmentMarkets. Supporters, a move to strengthen India's food supply chain. India food supply chain have been hit by decay, beset by issues such as infrastructure the old republic power leveling, storage, brokering. According to Government estimates, soaring food prices, tens of millions of people starving in India, with about 30% produce rotting metamorphic. Once companies such as Wal-Mart, Tesco, permitted to wholly-owned openShops, they may put in enormous amounts of money to improve agricultural technology, improve the efficiency of agricultural products into supermarkets, thus lower food prices to rise faster, also has the potential to increase peasants ' income. But India has struggled to reach consensus, because people fear that it will have an impact on small retailers and the poor.