TN merchants demonstrate against Obama's remarks on FDI

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Press Trust of India Chennai
Last Updated : Jan 20 2013 | 4:33 AM IST

They were protesting against the recent remarks of US President Barack Obama on American firms' participation in the Indian retail business, state president of the Federation A M Vikramaraja told PTI.

Traffic in the area was affected for few minutes.

In a recent interview to PTI, had noted that India prohibited foreign direct investment in too many sectors including retail.

He also expressed concerns over deteriorating investment climate to endorse another "wave" of economic reforms.

  

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First Published: Jul 24 2012 | 4:35 PM IST