Most retailers we have been meeting have been speculating that it’s just a matter of time before the Indian government opens up FDI on “multiple brands” in India.The “matter of time” has taken really long but latest news is that the government is hinting on raising the ceiling on “single brands” from 51 percent to 100 percent. This is great news! I have already expressed why this change in policy (FDI fo multiple brands) has a very favorable impact on licensing in india. The waiting continues!