Private equity players believe it to be lucrative to invest in designer labels.
Sources estimate there could be about 60 applications at the department of industrial policy and promotion for up to 49 per cent foreign direct investment in single-brand retail.
Since debuting in India in October 2012, the company has opened 15 Starbucks stores across Mumbai and Delhi.
Importers protest as food safety regulator demands adherence to recent law on labelling, blocks entry at ports for packs with stickers.
The chain readies to expand its footprint as Bharti focuses on its retail venture.
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