Wacoal will invest Rs 100 million (Rs 10 crore) to enter the Indian innerwear market, which is estimated to be worth Rs 170 billion.

The new venture will be named Wacoal India, with Wacoal International Hong Kong holding 51 per cent stake in the company.

The Foreign Investment Promotion Board has cleared 10 FDI proposals worth Rs 2,858 crore, and referred the Holcim-Ambuja deal to the CCEA.

The buying experience too has improved in recent years with many retailers employing skilled sales staff to help buyers make the right choi...