Retailers Association of India (RAI) has been working with Government of Andhra Pradesh (GoAP) to create a retail policy for the state. On representation by RAI, the GoAP unveiled Andhra Pradesh Retail Trade Policy. This is the first retail policy to be launched for any state in Independent India.
The policy was announced by Honorable Chief Minister of Andhra Pradesh, Shri N Chandrababu Naidu on 11th January 2016 at Vishakhapatnam. Shri Naidu handed over the notification to Retailers Association of India in the presence of eminent RAI members Shri Kishore Biyani of Future Group, Shri Neel Raheja of K Raheja Corp, Shri Krish Iyer of Walmart India, Shri Vishak Kumar of Aditya Birla Retail Ltd and Shri Alok Dubey of Arvind Lifestyle. The policy will be valid for five years from the date of notification and aims to revolutionise ease of doing business in the state, encouraging retailers to invest in the state. All retailers have welcomed the policy, acknowledging it as a memorable occasion for entire retail industry in India. Shri Kishore Biyani stated, "Andhra Pradesh's Retail Trade Policy is a new beginning and a good start for the retailers."
To download the Notification and Retail Trade Policy, Click here