INDIA: Government "rejects" Seagram's Indian expansion plans

By Chris Brook-Carter | 6 November 2000

The Indian government has rejected liquor giant Seagram's application to import its international premium range of spirits into India and sell them through a wholesale distribution and marketing network, according to Indian sources.The proposal was rejected by the Foreign Investment Promotion Board (FIPB) at a recent meeting, India's

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The Indian government has rejected liquor giant Seagram's application to import its international premium range of spirits into India and sell them through a wholesale distribution and marketing network, according to Indian sources.The proposal was rejected by the Foreign Investment Promotion Board (FIPB) at a recent meeting, India's

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