Is Foreign Direct Investment (FDI) in retail sector good for India?


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Debashish Adhikary said: (Oct 1, 2016)  
In my opinion, FDI is good. There should be a free market where everyone is free to do business. It is also true that competition makes the quality of goods and services better.

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Shrishail.S.R said: (Oct 1, 2016)  
Yes. FDI is good for India. Because it helps to utilize the resources of our country, provides job opportunities and helps to build our country strong in economically.

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Prerna said: (Oct 1, 2016)  
Yes, FDI is good for company it helps in development of nation. It provides employment to many people.

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Sanjay Sharma said: (Sep 30, 2016)  
First of all, we know that FDI investment it does not mean that a country incurs a loss if any foreign investor comes to set up their business to earn something so it is help our unemployment problem, employment opportunities play a vital role to continuous flow of money supply money supply increases automatical demand increases, demanded increases means more investment, more investment means employment opportunities increases money plays a vital role if FDI gave an employment opportunity then it is good for economy as my above explanation so FDI is good for economic growth.

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Sakawat Ali said: (Sep 30, 2016)  
I think this is a good initiative of our government. FDI will create more jobs and result in decreasing unemployment. We can work with MNC's and there will be an interaction with the world. But on the other hand, it will be harmful to our nation because with FDI we are making India a job seeker, not a job creator. Our people will remain employed and the most important thing is that in this era every nation wants to be strong in all fields either in business or security then how can any nation provide us the best technology? No one wants to make India his competitor. So it can be a threat to our future.

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Thasim Nadheer said: (Sep 29, 2016)  
FDI it's not fair for INDIA. It will badly affect on Indian retail sector.

The Indian government is not placed here to do something for foreign investors.

It was completely placed for the entire Indian investors.

Indian investors' economic status will decrease due to FDI.

So the FDI is highly resisted one in India.

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Saikrishna Adepu said: (Sep 29, 2016)  
Foreign direct investment is good for India because it will be increased to the value of rupee compare to the dollar and international companies are interested in investing money in our country for giving a better product. They are creating a lot of jobs in India. It is more help to make in India.

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Suresh said: (Sep 29, 2016)  
Yeah, it is good because if foreign companies came here then they can directly use the many crops or other things as a raw material so people got money.

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Rahul Garg said: (Sep 29, 2016)  
FDI is not good for making India a developing country. As the foreign companies buy the low-quality products from farmers. They made the high-quality product by applying modern technology, the new method on low-quality products and sell it at high prices. It leads to the decrease in the retail market.

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Dhruval Parikh said: (Sep 28, 2016)  
In my view, FDI should not allow in India, because Indian rupees are rotated in India.

2nd think - Foreign are invest in India and in starting prices are very cheap and then after they are famous with increasing the prizes and despoil the people.

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Nptr said: (Sep 28, 2016)  
India has two choices in front of it whether runs for the development or give side for others to pass us. Modi govt have decided to go for it as result of it, they initiated so many programs one of it is raising the current FDI level.

The decision by the govt will results in creating employments in whole over India, as the money flows the demand for everything will automatically raise. This will a positive effect in our Indian economy.

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Bharat said: (Sep 28, 2016)  
I think FDI will give boost to our economy many new jobs will be generated. Interaction of our country will be better with other country and value of currency will be better. But there are some disadvantage off course employment will increase but what will be retailers?

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Deepak Sharma said: (Sep 27, 2016)  
I think FDI will be beneficial for Indian economy because of if foreign company comes in India they will be demands for a good product from farmers or small factories and of course they will be paid a good money for that and we get a good product. They have to be paid a large amount of money as the tax to gov, of India.

If Indian economy will grow as possible by FDI then production cost and product price will be reduced because of increased value of Indian currency.

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Kailash Vishwakarma said: (Sep 26, 2016)  
FDI in retail sector will be helpful as it will decrease the net investment in the production and services. It can Boost the Indian economy. But every coin has two faces. It has some disadvantages too, but it can be ignored as the advantages are more.

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Pooja said: (Sep 26, 2016)  
According to me, FDI should not allow in India because FDI company product is too high rang of price for compared to our Indian product so many middle-class families does not afford that FDI product of rate. FDi company purchases our small need of stuff from India and they will make the product and they will sell high rang off the price. So there would be profit only of FDI company, not Indian people and retailers.

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Vinu said: (Sep 24, 2016)  
Hello friends,

I respect to all your opinion. Somewhat different point I would like to insert in, that is the flow of FDI in retailer sector will be restricted it will be allowable for production, technology. IT sector. Because most of the Indian people do farming and earning money by selling their products which have desi real quality instead of in FDI they brought the cheap product which has minimum quality & vanishes our desi quality. Such kind of case had happened in the period of PM Lal Bahadur Shastri. For that reduction purpose Indian government creates a new market forum & craking marketing skill among the people.

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Neha said: (Sep 24, 2016)  
I think it is important for the country to increase economical.

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Gangacharan said: (Sep 24, 2016)  
According to me, FDI in the Indian economy is too important. It Would boost our financial crisis somehow. It would create more job facility though technology is used excessively. It would offer us good foreign skill. The competition between different companies in India will grow. This way we can get low-cost but high-quality products. However, we can say disadvantages are common to everything but we should look to the positives only.

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Ashwini Mandal said: (Sep 24, 2016)  
According to me, as we know everything has advantages and disadvantages, before going to any opinion we should see both views. FDI also both sides advantages and disadvantages:

Advantages:

Helps to deal with unemployment problem of the country.

1. New jobs would be Create.
2. Use of latest technology.
3. Improve in Economy as hosted companies paid taxes.
4. Competitions between companies produce good quality product.
5. As products are available to low price standardizes living of people.

Disadvantages:

1. Retail Sector will suffer.
2. As the use of advanced technology, latest machines, infrastructure will replace the manpower and then unemployment will again occur.
3. If the reason for allowing FDI is for developing our country but the benefit of this FDI will not reach to the rural area, small villages then how the country will develop.

As once Gandhiji said, "Country will develop if rural areas are developed".

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Utkarsh said: (Sep 24, 2016)  
Ya, its good, since if the investment is done in our nation the in turn, it is improving the economy of our country, as well as it help our people to get employment with good wages. And apart from this, the relationship of our country with other will also become strong. And if the investing country is the developed nation then it is much precious.

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Raj S said: (Sep 23, 2016)  
In the comment section various people commenting are confused between retail and manufacturing industry, retail does not necessarily mean manufacturing, thus no technology or superior quality and although the payment package is very attractive and high compared to unorganized retail the area of coverage of a retail store should be considered and thus will not benefit the youth in any ways and would also add upto uneven distribution of income.

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Raj Sahoo said: (Sep 23, 2016)  
The way I see it, if FDI is allowed in further percentage, foreign companies with huge capitals would go for predatory pricing and thus would put the local Kirana or even organized retail stores out of competition and later on implement their own pricing policy, so, in the long run, it won't benefit us and also cause harm employment in retail sector.

From a consumer point of view for foreign products and big brands like Nike, apple, the prices would reduce as a major part of the price goes to the franchise holders.

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Aryan Singh said: (Sep 23, 2016)  
Yes, I will also give a hand to it this is important in a nowadays scenario where people want to get things of good quality and for that, they are ready to pay.

With FDI there will be an unsaid pressure on our indigenous company to bring betterment in themselves and thus the benefits will be of our the consumer. For example, with reliance Jio coming up with such low tariff plan other telecoms company's has to lower their plan cost as well thus now user have to give less money (although Jio is not FDI but the principle of Jio will work like that only).

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Vicky said: (Sep 23, 2016)  
I think it is not good for India. Because all small retailers are faced critical and business slow down.

Many people are unemployed to be increased.

So foreign products easily come to India.

And Indian products sales to be low it reduce GDP.

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Shivam Antal said: (Sep 23, 2016)  
My perception is that FDI is not good for retailers of India because company from another country has to invest less money to get a profit but retailers of India invest a large amount of money due to currency difference.

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Sofia said: (Sep 23, 2016)  
Yes, It is good as it provide many job opportunities as well as increase the standard of living.

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Gokul Khanna P U said: (Sep 23, 2016)  
No, I think there must not be FDI investment in retail sectors of India. I'm not objecting if they are going to invest in manufacturing sectors concerned. But I feel if the scenario of FDI is freed for retailers, then there will be a lot of problems. I wish to state few of them now. First of all the FDI will be huge barriers for the local vendors and retailers. When the FDI invest they can make a very minimum investment and make maximum profits. But in the case of Indian retailers they might have to invest a huge amount to reach the same profit. This is due to currency difference.

The retailers are the major portion of any economy, where maximum GDP can be generated and employment can take place. If FDI comes in they would come with automation, leaving behind the employments. Also, the current retailers will be stubble by the economic pressure.

In any marketing system, the retailer will make maximum profit. If this profit goes to a for the company then this will lead to economic crisis.

But in the case of manufacturing, they generate goods and sell it across the globe. So there will not be much problem. If they come in retailing they may even create favouritism to the international products and be leaving behind the Indian products. I strictly believe this must be avoided.

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Rahul said: (Sep 22, 2016)  
Hello Everybody,

I will go with "Yes" FDI is good for India, it will definitely create jobs in India which will solve many issues if people will get jobs.

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Yogi said: (Sep 22, 2016)  
It is obvious if a hosting company investing in our country it directly leads us to a way of development, job creation, hope in economic gain. But if a hosting company takes the loan from destination country for machinery, resources then it will further help in gain.

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Prathap said: (Sep 22, 2016)  
In my point of view, FDI is good for the economic growth of India. No one will give money to another without any returns in the same way the FDI's will take profits. In each and every work there will be positive and negative. We have to take positive only. We need improvement FDI wants profit.

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King Mirza said: (Sep 21, 2016)  
According to me, it is good because it may raise in capitalization.

As foreign company came to India so we know can what strategy they should applied or it generates income for India.

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Santosh Biswal said: (Sep 21, 2016)  
According to me, the foreign direct investment is good for India. It helps in economic growth of India.

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Babu said: (Sep 21, 2016)  
The Indian unorganised retail sector is one of the major sectors which provide the employment to the middle class of the Indian economy. So there are two possible outcomes of the FDI inflow in retail. One is to increase the unemployment in middle class if the new retail store will be able to deliver more satisfaction among the consumers which further convert into more customer for these foreign retailers. In other words, basically, the profit associated with this customer transfer from unorganised local retail store to organised and fully funded foreign retailers. But if the FDI inflow is allowed with the condition of the employees and most of the management is Indian based, then the unemployment loss to the economy will be less, even still some unemployment will emerge as these will be highly managed & will be required fewer employees to deliver the same services in the economy.

The secondly, these new foreign entrants will make tough for the local retailer to compete in the market. The entry of these big retail giants like Walmart will reduce the independent entrepreneurship nature of these local retail stores. Now Indian people will think more about the saving his/her job in these retail store rather than thinking his own idea and implementing a new business plan.

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Vivek Saxena said: (Sep 21, 2016)  
I think FDI is not good for India or we say Indian people. FDI increase employment which gives strength to our people but not change our economic level quite more. Our money is directly gives the profit to foreign company. Instead of involving FDI we have another option "Made In India". I think this is more beneficial for us because it provide Strength and also increase our economy. We required First Indian Development (FDI). If we are strong in economy, so many foreign investment company are ready to invest.

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Deadshot said: (Sep 20, 2016)  
FDI is good for India as it will bring more money into the country and if the big companies investing in India buy directly from the farmers, even they will have a chance to get more money. But one major disadvantage of FDI in retail sector in India will be the rising competition between local retailers and foreign investors. An organized retail sector may be able to cope up with the competition but the unorganized ones will gradually collapse. More number of people will start getting unemployed than the number of employment opportunities provided by the foreign companies. FDI in other sectors such as Information Technology will prove to be more fruitful than in retail sectors.

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Vnsu Chand said: (Sep 20, 2016)  
Hospitality is big sector who increase the FDI.

However many other sectors are also increasing but generally, hospitality having more opportunity to increase India economy many of foreigner invest in the tourism sector.

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Archit Sharma said: (Sep 20, 2016)  
The main merit of FDI (Foreign Direct Investment) is that it is kind of a permanent investment in the country compared to FII (Foreign Institutional Investment) {which covers the most part of foreign investment coming in India and is of temporary nature}.

FDI stays in a country for a significant time.

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Pooja said: (Sep 19, 2016)  
FDI is the investment made by a company by some means like land, factory etc of another company of another country. So, surely FDI will be efficient for hosting country. It will develop the country economically, So according to me, FDI will develop India economically as well as financially. For small companies, FDI provides an opportunity to become more active in international business activities.

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Shiva Gupta said: (Sep 19, 2016)  
Hello everyone, As most of you told that there are some merits & demerits with FDI, I agree with your discussions, but merits & demerits do not matter a lot. Actually, the main thing where we need to focus is talent.

However we Indians have good talent & we are hard workers too so according to our quality we deserve for the good economy all over the world. This is possible when we will work with foreign companies. So according to my point of view FDI is the must in India.

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Manish Kalwaniya said: (Sep 17, 2016)  
Hello, everyone, this is Manish Kalwaniya.

As we are discussing FDI in India, and all of you said a lot of things on this and I agree with your statements. FDI have both positive and negative aspects. As we all know that India is still suffering from poverty, unemployment from before many decades and need a lot of investment which can improve our condition economically. If FDI comes in our country it will provide employment which will lead to decrease poverty. Still, we are using old techniques and far away from new technology's if FDI comes in retail sector it will lead to promote technology across the country.

As India is a developing country and need more investment in all sectors.

So FDI is fruitful for our country. But we have to set some rules and regulation for FDI which is good for us.

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Raghul said: (Sep 17, 2016)  
In my point of view, Foreign Direct Investment has both merits and demerits.

MERITS:

1. A High-class family and middle-class family persons can invest in foreign countries and he has a chance to increase their income and growth.

2. If foreign currency rate increased against Indian currency rate, a person who invested have their profit.

DEMERITS:.

1. A low-class family persons can't invest in foreign countries Because the chances are trapped by the high-class family persons.

2. For the future years, If the foreign currency rate increase against Indian currency rate, I promised that Dr. Abdul Kalam dream will fail.

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Shikha said: (Sep 17, 2016)  
In my opinion,Any thing which has more positive aspects rather negative is good for our economy. But as one of my friend said that it creates an inbalance in the economy. And the currency goes outside the India. Which is making rich get richer and poor getting poorer, It should not be there.

We should create a self-sufficient economy though not in all aspects but at least in many. Because the condition of people of a particular country matters rather figures on paper.

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Nilesh said: (Sep 16, 2016)  
Hii all, I support your opinion, but in my point of view, it is good for those filed in witch they one step ahead from as. Not allow FDI in that field in which our people do a good job because it does bad effect on our product. So that it's good for us to FDI but first support our product then go further.

Thank you.

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Sai Swaroop said: (Sep 16, 2016)  
In my opinion, fdi gives new investments encouraging our country.

Gives new industries inventing increase employment and some drawbacks.

It should remove some instructions must follow.

Increase percapita income and helpful to poor people to increase thier income.

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Devaram Manideep Reddy said: (Sep 15, 2016)  
Good evening friends, The FDI is good in India because it increases per capita and lot of jobs. So I will support to FDI.

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Jit said: (Sep 15, 2016)  
As per my point of view, it is good because it will create employment in India. Increase our per capita income.

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Vishwa said: (Sep 12, 2016)  
Good Day all of you! Thanks for this forum and this interesting topic.

First of all, FDI means a foreign investor invests in the home country.

To be precise, FDI has introduced in almost every sector in India and is definitely a source of humongous revenue. All this being said I wouldn't really shout out a YES for FDI in the retail sector. Yes, I accept it brings in a lot of revenue, brings in more competition for the Indian Retail market and yes it provides the consumers with N number of choices. All this is a layman's view on FDI in retail. Focusing on our economy, we have enough retail products which are made in India and are struggling to be sold because of tough competition with the Foreign. This might or might not have a positive impact on the retailers. As one of my friend's rightly pointed out, these products coming in must be quality checked which is apparently not happening. All these products are insanely cheap with respect to price as well as quality. For a developing economy like our's globalization up to some extent. If it crosses the saturated level, it might lead to an undesirable negative impact on our market. FDI in retail sector needs to be curtailed.

PS: FDI in the retail sector has already started showing up in India.

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Revati said: (Sep 11, 2016)  
Yes. FDI is definitely good for India as it will not only help in the employment of Indian youth but also will benefit citizens by making various goods available at cheaper rates as it will create competition among various producers.

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Sanjeet Kumar said: (Sep 11, 2016)  
Hello, Friends, I would like to introduce my thought about FDI in our country so, FDI plays a major role for any country to remove the problem like Poverty, unemployment, and empowerment. So if Investment is done in retail sector it will directly help to remove the basic country's problem. For that government must take the best part in the equal use of FDI investment in the different sector. As we know that our PM is working day and night for eliminating our country's problem. You can see in every month he has a meeting with all the giant player of different countries. So that they can invest in India and it will provide them human resources, and the country will get the benefit of job opportunities.

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Saurabh Bhatia said: (Sep 10, 2016)  
Hello, My friends.

I respect all your opinions, but in my point of view, FDI has both faces like a coin has always two faces so FDI also has two faces one the good one and one is bad.

The good one:
1- With the FDI in INDIA, the interference of third party dealer between buyer and seller is eliminate which today leads to corruption.
2- Because of a third party they store the huge quantity of food items and sell them in the market at greater prices when they gain large profit rates from customers,this creates a very heavy effect on the pocket of middle-class society.

THE BAD ONE:
1- Due to implement of FDI in INDIA our currency go outside rather than circulate in INDIA.
2- Due to low taxes tye FOREIGN companies invest more and gain large profit.
3- Great effect on the middle market.
4- Poor become poorer, rich become richer.
5- Unbalance the current market status in INDIA.

Thank you.

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Ajith Raja said: (Sep 10, 2016)  
This is actually a good topic to discuss. In my point of view, the FDI has needed some kind of operations like defense, Machineries, etc. These leads to increase in production and also employment and our economic system. Our country has more number of creative thinkers. But due to we do not have sufficient facilities to do this innovative invention. So this FDI helps to reduce the above problem. But we create some strict rules in food, vegetables sectors.

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Ahsan said: (Sep 10, 2016)  
FDI is good for India as with FDI. As India, the market becomes biggest FDI holder, more than that of China and US in FDI. This will bring new job opportunities, boost make in India, reduce prices of the article and introduce new products to the local public. This will boost Indian economy at large as foreign investors will pay to Govt, only thing is systematic implementation and good feedback system of Govt to check piracy and duplicity and price regulation. It will also boost domestic production as raw material for production will be taken from the local market, so overall a good step in the economical growth and to reduce inflation.

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Karuna said: (Sep 9, 2016)  
Hello, friends, I respect all your opinion. But in my point of view FDI is the very big boon to the developing country, why because, development or growth means it should be equal in all the parts of the body. For example, our right hand grows every day but our left hand does not mean we have the defects in our body. Like that any development to the country should be equal i.e. in all sectors (in agriculture also). But what the MNC doing is investing more only on technology, not on the agriculture. So it clearly shows that they were investing money to gain their profit, not for the development of the country.

Thank you.

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Abdul Kadher said: (Sep 9, 2016)  
But the most important thing is we are all in the place of employees for owners of other country bosses, I accept the view to encounter the jobless situation but it does not give long term solution. Nowadays fully automated process are held by the industries. It's grown day by day so we see our developing owners of INDIA and taking them to world class marketing by providing various scheme after that we have also reduced the percentage of job seekers and sustain the INDIAN economy with our people's tax.

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Kb said: (Sep 7, 2016)  
Yes, obviously. But we should keep FDI away from the small scale markets, such as fruits market, vegetable market etc. Because FDI can affect these very badly which is not good for our country that our own poor Indian people will face great losses.

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Aman Gupta said: (Sep 7, 2016)  
Hello everyone,

FDI in the retail sector with certain constraints can be a big boon for a nation like India which we can easily understand the following points.

1) Establishment of foreign companies is Indian market will generate huge tax revenue which can be utilized in other sectors such as building infrastructure, defense etc.

2) New job opportunities will be created which will assist India in fighting unemployment.

3) The customer will be provided with a variety of products at a better price.

4) The country will be provided with the latest technology.

Although FDI in the retail sector is beneficial but certain precautions need to be taken.

1) A proper quality check of the foreign products so that the country may not become a dumping ground for the poor quality products. For instance, China has flooded the Indian market by cheap technology mobile.

2) FDI in retail sectors must be imposed with a certain limit so that it may not become a threat to the livelihood of small vendors.

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Deepak Nandi said: (Sep 6, 2016)  
Yes, it is good for India. Definitely FDI plays crucial role in India economy. It provides employment to all the skilled and non-skilled person. It will make our currency more valuable in the world market.

As we know, all wants mobile phone all wants cars all of us want a good life style.

FDI will support our country so that unemployment will be decreased. It will make our India as developed country. We will feel more proud of the nation.

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Aamir Khan said: (Sep 6, 2016)  
Talking about the FDI in retail sector in India has certain pros and cons but as per my opinion is concerned FDI in retail sector is good because it will certainly give advantage to the customer as customer will be able to buy the product at lower price because the middlemen will be eliminated and certainly there would be direct linkage between Retailer and customer. The small retailers would be overtaken by big retail chains and the retailer would contribute in the economy thus to boost growth whereas unorganized retailer doesn't pay taxes largely so FDI in retail sector will enhance the growth at much faster pace.

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Sakina said: (Sep 5, 2016)  
Hi.

In my view, FDI should not be in the retail sector. Because of this small retailers will not able to survive. It will market to rich people. And because of this rich will become richer and poor will become poorer.

Moreover, foreign companies can easily invest with almost negligible tax for them as Indian currency is degrading day by day. Hence they can easily invest and can make a huge profit. Due to this, money can easily go abroad rather than India.

One more point is that if FDI is there in India then we will not make our own product. We can easily become a slave. We should be the master, not a slave.

That's all.

Thank you.

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Manogna said: (Sep 3, 2016)  
Yes,

It is actually boon for farmers since they can get what they have invested. Since in India it is an indirect method, normally the farmers get the money from sellers, not from customers. So in my point it is really a boon to the farmers.

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Neelam said: (Sep 3, 2016)  
As the name suggest Foreign direct investment is investing money in a foreign land and especially in one sector. We all know that this is the era of globalization and if a foreign company is investing in India then it would be a proud thing to say because they find our place suitable for investing their money. FDI is very much necessary in a developing country like India as it directly helps in the development of the country. They increase our Forex capacity by investing their currency in India and also they enhanced the capital of a company in which it invests. Moreover, it brings latest technologies with them hence making a country more technology oriented. FDI bring world class competition with them which helps the consumers to get the best product at best price. FDI helps a business to flourish and hence generate more employment in the country.

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Malar said: (Sep 3, 2016)  
Yes. FDI supports in our country lot they increased import as well as export and then the value of our currency will be increased, our country business mans will be motivated to participate FDI. The quality of the commodities will increase. In our country funding, money is taken from taxes it will some funds coming from FDI.

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Vijay Dodiya said: (Sep 2, 2016)  
According to me and simple way, FDI is better approach for the expensive projects which have some criteria which improve directly or indirectly profitable for Indian people as much well as an environment of our country.

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Praveen Patel said: (Sep 1, 2016)  
FDI in any sector would be introduced to enhance the quality from that sector and to promote competition among players of that field. In the case of the retail sector, it will do the same but if we consider small vendors it will affect their business adversely.

For this, we can limit the extent of intrusion into the products, like for a product which is selling commercially FDI would be beneficial.

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Pandya said: (Sep 1, 2016)  
I think foreign investment in the Indian market will be good for a developing country like India as it will create huge job opportunities and bring up new technologies. Due to new technology and competence in market product quality will increase and prices will go down. It is to be noted that FDI should be limited to IT, DEFENCE, Telecom, manufacturing etc where we require technology.

Thanks.

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Suchita said: (Aug 31, 2016)  
In my opinion, FDI should be allowed in our country but it should be restricted to some particular sectors. FDI will bring new investment, new technology, new business to our country and also it will help in economic development of our country and also it will increase the quality of our life. But FDI should not be allowed in sectors such as vegetable, fruit marketing, where most of the people doing business are poor people and their source of income will get affected if FDI is allowed in these sectors. Instead, FDI should be allowed in industries, technology and IT sectors, space so that lot of research and development can be done in these sectors and we will get high-quality products at affordable rate.

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Hari said: (Aug 31, 2016)  
In my opinion, this is good for the limited sector. Like industries, technology, ITt sector they provide more and more employment so our people work there and earn money and develop their idea because we all be a part of that new technology but FDI should not allow to farmer sector such sector people dependent small business they are affected.

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Manvender said: (Aug 30, 2016)  
Yes, FDI in the retail sector is good for India.

FDI will bring a lot of investment in India, this will useful for building the infrastructure that our country needs. Sufficient amount of cold storage facilities can be built which will help reducing food wastage. This reduced wastage will also help in keeping prices in check. It will lead to the generation of a lot of jobs which will help our society economically.

It will also help our farmers get a decent price for their growth.

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Mohit said: (Aug 30, 2016)  
FDI is very important for a nation to make its health sound in every sphere. But with care, because in some field it boosts the economy. In retail, it is good for only outsiders. It will ruin the business for locals and that will ultimately reach in the time of east India rule and spread of their business that carry by British govt. It will make the Indian class difficult to earn their bread. So FDI in retail should be under check.

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Abhi said: (Aug 30, 2016)  
Hello Friends,

Yes, FDI in India is very good Idea and a lot of opportunity for a young generation. Nowadays it's very difficult to secure a job for young people lots of competition are running through.

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Vivek Agrawal said: (Aug 29, 2016)  
Yes, FDI in the retail sector is good for India because of the following reasons:

1) It will create a lot of employment opportunity for our professionals with a better pay,

2) Our farmer will get a better price for their product.

3) Our consumer will get the product cheaper.

4) As our government is allowing only 51% in multi-brand retail store so 50% of their profit will remain in India.

5) Budget Deficit will be met.

Moreover, as there is a strict regulation that it will be allowed only in the city with the population of more than 1 million people so it will reach the urban masses in India and we can also take the example of china who allowed FDI and their result and growth is incredible.

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Pruthvirajsinh Jadeja said: (Aug 29, 2016)  
FDI is a very important step for our nation's unemployed educated people and indirectly it will also help to the retail sector because the expenditures by the middle-class family will increase and that's why retail sector will also be in progressive stage.

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Sandeep Sen said: (Aug 28, 2016)  
Well, yes FDI is good for India because there are chances to increase number of jobs which is very useful for us and also for our economy.

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Rakesh said: (Aug 27, 2016)  
FDI is improving a better in retailing. But where it is harm for small retailers even, small retailers can join with them it will help economic development.

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Ajay Pal Singh said: (Aug 26, 2016)  
Yes.

According to my view, FDI is good for India because if we find retail of other countries then we can become a good and non-supportable person. It improves in our economy rate in the world and we find more opportunities to get an employ.

It also supports to remove poverty of our country and to subtract price.

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Gaurav said: (Aug 26, 2016)  
Yes, FDI in retail should be welcomed. FDI in retail means transparency and business based on customer wants and needs. It will directly lead to increase in competition. Therefore retailers ensuring better customer satisfaction.

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Sudharshan said: (Aug 26, 2016)  
According to me, FDI is needed to our INDIA as it is creating more money regulation in our country through different sectors it will create a black money regulation in our country due to this ECONOMIC SUSTAINABILITY which will not be in an equilibrium level in our country.

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Sri Hari said: (Aug 25, 2016)  
Hello,

In my point of view, yes I agree India needs investments in the form of FDI's. However before allowing FDI'S in our country our Government must decide which sector it allows FDI's. So that if any one interested on that particular sectors, they are ready to invest if they meet the investment prodedures.

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Subrata said: (Aug 24, 2016)  
In my opinion, FDI should be allowed in our country but it should be restricted to some particular sectors. FDI will bring new investment, new technology, new business to our country and also it will help in economic development of our country and also it will increase the quality of our life. But FDI should not be allowed in sectors such as vegetable, fruit marketing, where most of the people doing business are poor people and their source of income will get affected if FDI is allowed in these sectors. Instead, FDI should be allowed in industries, technology and IT sectors, space so that lot of research and development can be done in these sectors and we will get high-quality products at affordable rate. Thank you.

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Tousif Ansari said: (Aug 23, 2016)  
Are we ready to face FDI? Till now, we are not.

People say FDI bring competition, Quality product at the marginal rate, New technology, New skills, it will generate employment & much more. There are so many small company are they ready to compete with big giant company, ask yourself are they, it can't possible to small company produce good Quality product at marginal rate, they can't.

It will create job but how many, are they ready to hire people who even not gone to school in their entire life, are they?
They will invest for their profit, not for us development, There are so many reasons, what about the employee who related with chain manufacturer to consumer, they will be jobless & India is a 2nd largest population country in the world, think about that there will be so many jobless employees related to who working in chain and sole owner and so many. For us it is easy to work in corporate, then what about them?

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Seizonsha said: (Aug 23, 2016)  
I think it is good and I can say this with experience working in retail and seeing firsthand how manufacturing, distribution and wage systems in India work. China has grown into the world's 2nd largest economy because of their investor-friendly FDI policies until 2015. They have not only gained enormous technological advantages through production for overseas tech giants but also increased the minimum wages in their own country which is currently only 4% lower than the US wages. Indians work for peanuts as compared to the developed world and FDI can be improved the wages and corresponding standards of living by a large measure.

I think currently the minimum wage in India is around 2 dollars wherein the developed world its around 9 to 18 dollars. Small retailers will go out of business only if they are not competitive. Honestly, as the consumer evolves so will their shopping habits. There is also low infrastructure and supply chain issues in India. Investors have to reinvest 1/3 of their investment figure, back into the country within 3 years for developing these areas. I think this will improve India's infrastructure and distribution a lot.

Currently, significant amounts of food and resources are wasted in India because of poor warehousing and distribution systems. Also bringing in international companies will bring more transparency with regards to child labor which is a huge problem in India.

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Anand said: (Aug 23, 2016)  
Retail sector is a sensitive sector as it deals with the consumer.

FDI in retail is good for it provides technology and with this it reduces cost of the product.

FDI would also bring money, and helps the entrepreneurs who are in need of money to startup a business. And also FDI is more reliable than FII, in which the investors can dropout any time.

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Durnehviir said: (Aug 22, 2016)  
Today in India, the unorganized sector operates in a mundane innovation-less environment that is required to drive growth. Most of the outlets are small Kirana stores with transactions dealt in cash.

Sure employment is provided to lots of people, but what about skill development? It doesn't take a genius to work in the unorganized business. This is what is called "unskilled" employment, contractual. Some of these shops depend on child labor.

A contrary example is the Future Group's big bazaar as the market for the middle class. Its supply chain is extremely well handled with the "middleman loss" minimized. With FDI in retail, the supply-side inefficiencies can be brought down. 60% of Agri produce is wasted in storage. This is controlled with FDI. People are not just employed but trained to operate, work with technology in stores like Walmart, opened in Delhi. The shift towards the organized structure with the help of FDI will plug tax loopholes, bring quality control, economies of scale which otherwise would not be possible for these small shops that have no scope of becoming a big market chain.

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Hitesh Sharma said: (Aug 21, 2016)  
Hello, all.

In my view, By allowing FDI we will increase the competitiveness in the market. Competition is one of the most important contributors in increasing the quality of a product. In this era of globalization, we can't need to understand that quality of the product should be given topmost priority. We do not deserve sub standard products just because our people is not ready to compete with global players. The world is becoming one large market and we need to prepare ourselves to deliver world-class goods.

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Ashis Kumar Das said: (Aug 20, 2016)  
According to my apprehensions, FDI in the retail sector have both pros and cons, but the pros outweigh the cons. To support my answer I want to put forward some key benefits of FDI in retail sector:

1. It decreases the Byzantine supply chain system. By the time a product reaches a consumer from a producer it passes through at least 6 hands. FDI will stop this colossal waste of resources.
2. Farmers and producers will be paid well for their products
3. The practice of child labor in the supply chain system can be checked, as the system will be transparent and can be observed better.

Thanks.

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Rakesh said: (Aug 19, 2016)  
From my point of view, I opposed FDI in retail sector only for India. But in others domain such as technology, medical, etc is beneficiary for Indian.

If we look back in the period of 90's there are less amount of technology in India as compare to others countries. But now we have a huge amount of new technology. In the case of retail, it stops small business and made poor people poorer. So we should use its investment in proper rules and regulation.

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Balaji Patil said: (Aug 16, 2016)  
Hello All, I'd like to emphasize that not only fund will be mobilized to India but also the talent pool in India will get a universal platform to explore their talent. It may be possible that foreign companies will import talent among us creating global opportunities for Indians. Hence, I support FDI.

We see electronic batteries as " Made in China" or "Made in Taiwan", won't we be happy to see "Made In India" products in the global economy?

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Niks Dhamale said: (Aug 16, 2016)  
In my view FDI have good and also bad effects it increases the employment and anyone get the job but rest of Indian companies cannot get the opportunities as they get so they should provide FDI but in limited profit and they should take maximum Indians with their companies.

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Harikrishnan R said: (Aug 16, 2016)  
Hi friends,

I would like to add some points, we know that India is developing country we don't have that many facilities to compare with other countries. FDI gives a lot of job opportunity to job seekers. But nowadays peoples fully depend on FDI products it's not good for our country. FDI products just like a passion we will also take care of our products. We have an equal amount of intelligence. So increase our facilities to make that much amount products.

Thank you.

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Vipul Kumar said: (Aug 16, 2016)  
I agree with most of your views that FDI will bring more employment to our country, as far the competitions faced by local manufacturer is concerned, such competition will force the to improve the quality of their products and this will consequently make the to shift them to modern technologies rather than to rely upon the obsolete techs which most of the local manufacturers. Hence consumers will be benefited in terms of receiving better quality products and indirectly FDI give an opportunity to the local manufacturer to upgrade their facilities to coop up with the competition.

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Keerthana.M said: (Aug 16, 2016)  
In my point of view, FDI is good for our nation because more talented person are there but there is no huge platform to exhibit their talents. If the FDI start in our country then graduates get easy employment and make shine of our nation. Then our country as soon as become developed country.

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Himanshu said: (Aug 15, 2016)  
I strongly oppose it.

I want to draw your attention towards a small phrase, "MAKE IN INDIA".

Although FDI in retail sector helps to give employment to the people and construct a competitive environment but we should not forget that it suppresses our own local market and the new startups who tries to begin a new beginning.

As these big companies have already set a mindset in the people's mind that, they are the best, so why to try the rest. And the people themselves are not understanding that it will slowly lead to the decrement of their own nation as well as its people (especially the young entrepreneurs).

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Gaurav Saraf said: (Aug 15, 2016)  
According to my view, FDI help to remove the unemployment problem from a country, it also provides the direct relation between the farmer or raw material holder to the company there is no any intermediate this helps to remove corruption and develop the best price of raw material.

FDI helps to increase the technology level of the country for production that gives the safety and less work input of humans and develop the cheapest price of the product.

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Rahul Bhatija said: (Aug 14, 2016)  
FDI in the retail sector can play a major role in creating new opportunities and path for development of new age India. On the other side, it will create competition for local merchants. They have to develop some standards in their products. They have to compete with foreign companies in order to survive in the market.

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Sanjay Malviya said: (Aug 14, 2016)  
In 2016, Modi allows 100 present FDI in India. FDI comes, so employment is decrease but agriculture also inversely proportional to FDI. Due to the FDI we are improving our technology & economy. Our country is developing day to day. And FDI provides a good opportunity for employees. I think. FDI is a thing. If we thing better, so better for ours. And if thing bad so bad for ours.

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Adithya said: (Aug 14, 2016)  
Hello everyone,

This is a great topic to discuss, here I would like to deliver my opinion. As most of my friends stated that FDI creates employment opportunities and develop infrastructure. If those are the major advantages we should get in detail with this topic. Firstly if FDI takes India they will completely get to know about two major things.

1. Access to resources.

2. Access to markets.

So when these are out! then we will lose our value. Remember we have our unique culture and enormous resources undoubtedly maximum labour number! so the only thing we have to consider about is quality in making if we succeed in that, then becoming a developed country has no doubt.

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Umesh Thakur said: (Aug 13, 2016)  
I agree with all of you but according to me FDI affects the economic growth of the country and also affect the Indian market and enforce them to buy the foreigner goods like Puma, Adidas and much more.

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Sanskrati Mourya said: (Aug 13, 2016)  
Firstly FDI is the term which is not known to everyone firstly we should understand it, FDI is the policy by which foreign companies do business here and whatever money they will be earning the maximum amount will be invested over here only in India.

But in my opinion this is wrong it may increase opportunities for others, people get a chance to get employed but for the retail market the small marketers loose their chances.

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Ashrith said: (Aug 13, 2016)  
In some context, I agree with the above statement. India is a developing country and to increase the revenue income retail sector has to be the stronger one. But the quality of the most of the products from the Indian market is not good enough to buy them. In this case, makers have to match that levels of products which beats the foreign market, which is also a good sign for growing Indian economy.

Finally, I strongly assert that to survive in any field quality of things produced should not be compromised.

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Avinash said: (Aug 12, 2016)  
Hello everyone,

According to me, FDI plays an important role in developing the existing technology by creating a healthy competition as well as increasing employment but there should be limitations on this policy, we cannot totally handover the market, it should be in such a way that the lower level shopkeepers should be able to compete with them in terms of quality as well as price.

Rate this: +20 -9


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