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Western retailers hope to follow H&M into Indian market

4 December 2013 Last updated at 10:25 GMT

The Indian government's Foreign Investment Promotion Board has approved a plan by Swedish fashion chain H&M to invest $115m in India.

H&M is the second Swedish retailer after furniture company IKEA to get approval from India to start retail operations.

Shilpa Kannan reports on the Western retailers hoping to launch in India.