Points to remember before you participate in this discussion:
|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?
|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.
|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.
|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.
|Hitesh Sharma said: (Aug 21, 2016)|
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.
|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.
|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.
|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?
|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.|
|Harikrishnan R said: (Aug 16, 2016)|
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.
|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.|
|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.|
|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).
|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.
|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.|
|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.|
|Adithya said: (Aug 14, 2016)|
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.
|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.|
|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.
|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.
|Avinash said: (Aug 12, 2016)|
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.
|Indira said: (Aug 12, 2016)|
|I definitely support this conversation.
As India is a developing country it is necessary to make a relationship with other countries. It also provides a lot of employment opportunities which makes our country a developed one. Even though they grab the ideas of our people we have to learn necessary points from them in the meanwhile working with them.
But I won't quote the demerit that, rural areas are not getting what they required better than urban people.
|Ganesh Chakaravarthi said: (Aug 10, 2016)|
We all know that our country is suffering a lot of problems in economy and what I know is that Indian economy is mainly based on most of its retail market from the taxes it gets and if we buy an Indian product the profit we be for an Indian where as in case of Foreign companies the profit goes to other nations.
There are a lot of foreign brands operating in our country like Coke, Puma, Addidas etc. They are earning a lot from us if we stop those foreign investments than the riches of our country can be retained.
|S.K.Sharma said: (Aug 9, 2016)|
|FDI is very good, as it reduces the production cost. It gives the products at lower prices and the variety of products are there in the market. But should come with technology and production should be done in India. It should not work as dumping ground for our country. Products produced through FDI may also be exported and revenue may be generated. Further, it will provide the employment opportunity.|
|Banu said: (Aug 9, 2016)|
|The main advantages of FDI are;
1. Improves forex position of the country.
2. Employment generation and increase in production.
3. Help in capital formation by bringing fresh capital.
4. Helps in increase exports.
5. Increase tax revenue.
6. Benefits of former.
7. Benefits of consumers.
8. New technology is developed And also long term cash liquidity.
9. Reduce the cost of production.
|Arun Kumar said: (Aug 9, 2016)|
|According to my point of view, FDI plays a key role in developing the economy and employment in any country like China as we see in history due to FDI our farmers farming all types of grain so that they are Morley strong suicide will be reduced and other points are retail sector not more affected but little bit affected because they directly not contact with retailers and half of Indian they go to retail shop, not big malls.|
|Ram Kumar said: (Aug 8, 2016)|
|In Retail market sector, FDI will make the products available at the cheaper price to the consumers when comparing to the retail stores present now. So once FDI make an entry into India automatically it will gradually reduces the presence of retail stores and once after all the stores got vanished they will fix the price and people has no other option so they are forced to but the products at higher rates at which the FDI demand.|
|Sudha said: (Aug 8, 2016)|
|Thanks to all. I appreciate your comments. My opinion is our country India is a 2nd largest populated country in the world but poverty is not disappearing still now, our economy is affected and also day by day increases unemployment, price rises leaps and bound. For this situation, FDI is essential for us. By the FDI we can easily overcome the problems of our country.|
|Palash Chandekar said: (Aug 8, 2016)|
|I personally believe that though foreign direct investment will improve employment condition but should be introduced into the Indian market with some limitation because major of the market is ran by small or big Kirana store which directly promote self-employment.|
|Ayush said: (Aug 7, 2016)|
|I think it's not good at all, just for the word employment we are giving our whole market to foreign investors, which leads to great fall in an economy.|
|Aditya said: (Aug 7, 2016)|
|Yes, FDI may increase the infrastructure and employment in India as well as can increase the GDP and provide proper quality of food and services.
But as well it can take away the small business in India like country where people are 50 to 60% depends on their small businesses.
|Suneel Soni said: (Aug 6, 2016)|
|According to me, Foreign Direct Investment, it is a way for improving Balance of payment. FDI it is a supporting toll for improving the business relation between country to country.|
|Sulochana said: (Aug 5, 2016)|
|Thank you all who told until now.
I also agree with you. In my opinion, FOREIGN DIRECT INVESTMENT is a good investment because it shows the how much strongly relationship between the foreign and Indian culture. It's very useful in future investments also. It introduces the different goods which are useful to human life.
|Ps Yadav said: (Aug 5, 2016)|
|Actually, according to my point of vies FDI (foreign direct investment) is a good approach to increase our relationship with other countries and self-growth.|
|Avijit said: (Aug 5, 2016)|
|Thanks to all of you and respect all of your comments. My opinion is FDI have also merits and demerits. We see that our country India is a 2nd largest populated country in the world but poverty is not disappear still now, our economy is affected and also day by day increases unemployment, price rises leaps and bound. For this situation FDI is essential for us, I not only tell that only FDI solve us all country problem immediately, but it helps us. Due to foreign investment, our technology and industry sector increases so many job seekers are also engaged. So unemployment problem is decreases, our country products are sold directly in abroad by foreign industries so economy boosts up. Farmers are producing grain by use modern technology, many shopping malls are seeing in our country now, where we get all things in only one shop which is only for FDI.
Besides this there also be a demerits also that due to rapid increase FOREIGN INVESTMENT our small business man is too much affected, we are totally attracted by foreign culture so it destroys our culture also, our small market are now affected and they will go to stop the market also and fall into a serious economic crisis.
|Ritesh Thakur said: (Aug 4, 2016)|
In my opinion, FDI should be allowed definitely in the retail sector but only to a certain extent because the retail market in India is completely unorganised. So FDI in retail definitely strengthens organized retail in the country and we will get a number of benefits:.
1. Better quality of products at cheaper price.
2. The 2nd benefit is it will improve the supply chain by building proper storage facilities.
3. 3rd is. It will improve the customer satisfaction. By availing a number of products with pleasant shopping environment at a single place and better customer care service.
4. More and Better Employment Opportunities: Though some of you might not agree but let me tell you. According to a survey made by Boston Consulting Group and Indian industries showed that around 7-8 million jobs will be created directly or indirectly. Also, the entry of foreign companies into Indian Retail market will not only create employment opportunities but will also ensure quality in them.
store and small scale businessman.
|Kabira said: (Aug 3, 2016)|
|Everything is good until it crosses the limits.
The advantage of FDI in the retail sector is helpful to boost the economy and provide the latest technology and employment opportunities.
At the same time, the disadvantage of having FDI, they mainly focus on urban areas which affect the small urban retailers as they mainly focus on urban areas, rural areas remain stagnant in development.
|Prince said: (Aug 3, 2016)|
|In every business venture, the main motive is to earn profit. So no need to be in panic state over FDI. So, in my opinion, Indian companies or small trader should be able to take the challenge in a positive way. FDI indirectly act as a loan with minimal interest rate and we have to repay it. That's not only in profits to MNC but uplifting our own industrial sector against them as a competitor.|
|Rajat Mathur said: (Aug 1, 2016)|
|1. Hello everyone, As per my views FDI in retail is the only option left to Boost our economy and infrastructure development. It is not only the easiest way to achieve growth but a faster way too.
2. It creates more Employment for our youngsters and increases the quality of life of our countrymen.
3. It helps the government to spend on Public Infrastructure.
|Ca Manish Kumawat said: (Aug 1, 2016)|
|Hello Everybody, in my opinion, It is good for India.
Govt also try to FDI more and more in India. PM Modi also promotes FDI. As per ranking of world economics times, India is top for FDI. And for the retail sector, we say it built Good infrastructure for retail business and it makes more initiative.
|Karthik said: (Jul 31, 2016)|
|According to me, the concept of delivering goods to consumers in the retail sector has come through FDI which is a good aspect but people in India don't have the grip on the usage of technology than other countries. Along with, Indians come to know about the business transactions in other countries which help in improving our economy. The problem is that skilled persons aren't involving in retail sectors if they involve foreign companies get fascination to investment in India.|
|Amol said: (Jul 29, 2016)|
|In my view, as far as country like India is concern, FDI is beneficial as it provides a source of employment to the youth of the country. It will also facilitate farmers to do co-operative farming and the use of technology will boost the production of all types of grains. The security of the grains getting sold will boost the moral of farmers due to which the problems like Suicide will be solved.
The another side of FDI is retail sector. Being a country like India, where we are habitual of going into the retail shop and buy as per our requirements so everyone does not have access or used to shopping malls. So FDI in retail sector will not hit small retail shop owners but definitely, they have to arrange their profit margin as to compete with the Malls like Big Bazar etc.
Coming to the Economic point of view, FDI can provide good financial cycle to the economy as the financials of malls are audited and open to the public. Most of the visitors or buyers pay their bills by Cards which will lead to cashless transactions.
In my opinion, FDI is a very great tool to increase our country economy and I believe that when a large number of countries are come to do business in India.
|Harshit Singh said: (Jul 28, 2016)|
|FDI is Well in manner of a nation development but it extremely beneficial For industrial purpose. If we consider FDI in retail sector, it Has some major disadvantages.
Nowadays People earn their Whole profit and it remains to themselves but if FDI is Allowed to retail they can not gain their full profit. In other world, A shopkeeper earns his profit across 25000 thousand per month, what is the surety FDI will give him such amount.
In other cases, Every member of Family can sit on retail store but after FDI only specific person can Join Shop.
These are some small small reasons for FDI is Not good in Retail sector.
|D Krishna Naveen said: (Jul 28, 2016)|
|According to me, FDI should be limited to only some sectors like defense and manufacturing industries. Because we Indians are very good at services and no one needs to teach us. But coming to the technology innovations we are far behind many countries.
So these FDI's should be utilized in such a manner that the MNC's give their hand support to Indian companies until both of them rise.
The point is when these FDI's involved in retail sector there will be high paid employment but it affects much more independent business retailers.
The government should take necessary steps to generate skilled retailers by teaching them computer knowledge, taxation, communication skills under the Skill India Programme and make them get ready for competition.
|Vijay said: (Jul 28, 2016)|
|I strongly believe that FDI is the way to go when it comes to developing an economy. Apart from the influx of money the investment also brings in a flow of products, information and expertise. Looking back at history can give you examples of how FDI has helped countries. China was a closed economy up until the 1970's after that it opened its doors to FDI from countries of the west quoting cheap labor and low wages as benefits. China is today an economy worth 14 trillion dollars.|
|Harsh said: (Jul 26, 2016)|
|In my opinion, FDI is good for our economy to some extent as we'll get superior technology which can produce goods in most cost effective manner and with improved quality as well. Along with that, it will provide high paid jobs to the unemployed youth of our country. And there are several other benefits but as we know everything has its own merits & demerits. We know that our economy is still in its developing phase and almost 70% population still lives in villages and these MNC's do not target these areas because of low profits. And it will also pose a stiff competition for small firms.
FDI can be good only when government Makes rules and policies keeping in view that they do not affect much to these small firms.
|Venkatesh said: (Jul 26, 2016)|
|FDI in retail has both positive and negative impacts on Indian economy.
Firstly, the positive impact is a huge inflow of foreign investment comes from India and create jobs, provide goods at a cheaper rate because of increased competition and higher demand. And the negative impacts are with the entry of such retail giants all the retail shops and small markets will be affected because they can't sell goods at such discounts.
And moreover instead of allowing FDI in the retail sector to increase capital, the government has to take measures in providing tax benefits, generating internal capital, which helps in expansion of such business activities for Indian companies like Future Group, Avenue Malls Ltd etc. This is good because instead a foreign player coming and establishing a new sector by giving a push to Indian companies can benefit more because in the event of exit of such foreign companies India need not pay back.
|Shwetha said: (Jul 25, 2016)|
According to me, FDI has no of disadvantages than advantages because of following reasons.
* Medium businesses men cannot improve their economic level because of FDI, since people get more attracted towards FDI based retail store.
* FDI helps in the development of foreign country rather than our country due to increasing rate of tax paid.
* FDI decreases the value of rupees in comparison to the dollar.
|Chandrashekhar Raddi said: (Jul 25, 2016)|
|YES, it is good for India.
Because in India, most of the educated people's unemployment. FDI comes to India 20% solve the unemployment and PM Narendra Modi introduced new schemes it helps to people for self-employment in village FDI is good for India.
|Sudheer said: (Jul 25, 2016)|
|I think it is good for the nation but it is not good for citizens.
Why because many peoples are engaged in retail sector, when FDI is enter in retailer sector then it become big hard to retailers.
|Naveen said: (Jul 25, 2016)|
|Yes, it is good to some extent. India being a developing country require more investment in order to create a better environment. Through foreign investment, it is somehow reliable and meet to labor demands which in today time became more common in developing countries. So it's good to allow FDI to some controllable aspect nd Indian should learn the way how the MNC's earn profit nd their way to create developed technology.|
|Roshan said: (Jul 24, 2016)|
Is foreign direct investment (FDI) in India retail sector for good or bad.
Every coin two-part advantage and disadvantages.
In India, foreign company establishment that our society and the nation living standard increase and government also increase in tax revenue and consumer received a better product with satisfaction.
Technology and employment effect to foreign country deal in India.
Before 25 years back in the automobile sector in India only one and two companies car that many automobiles sector in India that increase of technology.
In FDI company in customer attract also stylish and fasion products that in small business effects in development.
|Richa said: (Jul 24, 2016)|
|Hi, this is Richa.
FDI having both merit and demerit.
In Indian like reliance. Tata company are MNC working in foreign. Benefit is they give a chance to Indian go to foreign and share knowledge. Similar so many newly launched technology aware the new generation.
But it can be harmful to Indian. In olden day east, India company came in India. And Indian have to fight for their freedom.
|Dhananjay Sarangi said: (Jul 22, 2016)|
FDI systems can provide:
2. We can get a no.of variety product.
3. It will increase the value of the place.
4. Overall it will change the outer layer of India.
But, we know that. Day by day. Its population increasing rapidly. The no.of people whose everything depends on upon their small business will directly get affected by FDI.
ALL the profit of FDI will go to their foreign organization.
So, in my opinion, we should not support FDI. Which will indirectly affect our financial & social system.
|Amit said: (Jul 21, 2016)|
|I am in partial support for FDI and I think that the main focus should be given to boost entrepreneurship in our country itself as our country doesn't lack in anything but investment from the government.
A government should give chances to new entrepreneurs with great ideas which will increase production, services, employment, money flow within our county, economic and financial growth, increase in GDP etc,.
|Shubham said: (Jul 20, 2016)|
|It seems era is coming back again, we are allowing outsiders to set up their markets here, slowly and slowly they are going to push back the middle-class businessman, and degrade our economy, again we are going to work under them.
Why don't we create jobs, don't we have money or we lack with talent?
|Srishti said: (Jul 18, 2016)|
In my view, FDI is need of India. As India is a developing country with large of population, to compete with the developed country our nation must have to sound like them.
FDI is profitable as it decreases the cost of products and foreign countries invest in our country through tax.
It has a single drawback that the value of rupees undergone over dollar, instead of that India need to be more technical more powerful so FDI is positive sign for India.
|Aman Chauhan said: (Jul 17, 2016)|
As per my view, FDI is like a chewing gum. It tastes sweet in the beginning but after that becomes taste less.
Likewise in the beginning it will provide Funds, employment opportunities, better technology, etc but after that, it will dominate the Indian market, will have a crucial role in the depreciation of Indian Currency.
The best way to grow the country's economy is the emergence of more and more new entrepreneurs.
|Dhiraj Borde A'Bad said: (Jul 17, 2016)|
|Yes, it is so helpful for India because it will help us to increase employment in India. As we have largest youth population, we need jobs for them. The whole world is looking towards India as the production house, but we should not be satisfied only on the increase in jobs, we should also look for the increase in skills, and according to me, FDI will share technology and skills too.|
|Mandeep S said: (Jul 17, 2016)|
|I think foreign direct investment (FDI) has both merits and demerits as every topic or every point has it has merits in its own ways like foreign direct investment will increase employment and capital abilities and also introduce new technology which can development in production and manufacturing line.
But its demerits are the small manufacturer will be wiped out and the products belonging to a particular country will have vanished.
But there should be FDI in limit only the investors having the intention to make the profit as well as develop the country and it resources in which he is investing. Only they should be allowed for investment.
|Shubham Verma said: (Jul 16, 2016)|
|As from my colleague point of view, they are somehow right, I think FDI should be there in retail sector but there should some proper constraints which can keep an eye on FDI such that the smaller industry of India does not get affect badly. So FDI should be their but not 100%. The reason for the FDI should be there is that the consumer will get the quality product as there will be competition between the producer and the reason for the FDI should not be 100% is that if 100% investor will come from foreign then it will badly affect the economy of small level investor in India.|
|Dev Pansari said: (Jul 16, 2016)|
|Hi All, I think, the FDI help us to upraise the country development and growth but our government economist should have a proper eye to control on inflow & outflow because the excess of inflow can decrease the value of Indian currency which meant, we might become a dependent Nation. We do have other source & we all should contribute to maintaining the pride of our nation.
FDI is a fruit which will help to boost up our strength but if we take it in excess then it will make us sick.
So, my friends, I hope you all will agree with my words.
|Sanmathi said: (Jul 15, 2016)|
|It is really a very good concept as Indian can get to know about many technologies and also it can give the necessary exporting products to the other countries. This may help India to get accomplished with many countries and can also become a friend to the neighboring countries which is a good site for us also and to the other country also. So, according to me, FDi is must.|
|Bhavik Prajapati said: (Jul 14, 2016)|
|According to my thought, FDI gives more opportunities for Indian who are jobless. Because Foreign company have new technology and give better product quality. FDI increase job in the various sector. Although it's like demerits of our country also because foreign company invest in India and profit goes to their country, so it affects our economy so it has merits and demerits too.|
|Anshul Singhal said: (Jul 14, 2016)|
As per my point of view, until and unless we could not get the technologies and way of doing the business our country could not grow as much as it can. Hence, FDI in retail sector bring technologies and also people will get the goods at fair prices which lead to more consumption. Hence, FDI in the retail sector is good for India.
|Amit Raj said: (Jul 14, 2016)|
|In my opinion, it is good as well as bad. It is good as we will get money from outside to develop our infrastructure and economic condition, at the same time it is bad because it will not encourage the people to overcome deficiency which they have.|
|Raj said: (Jul 13, 2016)|
|Yes, of course, it is good because it will create employment in India. Beside it will help to improve our development.|
|Adnaan said: (Jul 12, 2016)|
|I would like to say FDI in retail is good for India because as we all know India is a developing country it needs money for its infrastructure to be built, so when foreign money will be invested it will good for Indian economy no doubt about it but retailers of India have to face a tough competition. As there will be the competition it will surely good for all Indians as the price for most of the goods will go down and also the quality of goods will be improved which is much important. But still, it has some disadvantage too that should look by the government.|
|Satish said: (Jul 11, 2016)|
|As per my point of view FDI in retail sector is not as beneficial to India because our country is developing one there is lot of manpower engage in retail sector and carrying their livelihood if there will be FDI, I do not think that FDI can generate employment for all those who are engaged in retails sector.|
|Rahul said: (Jul 11, 2016)|
|I think FDI should be allowed in India. India being a labour surplus country needs a job, FDI will bring jobs and technology in India. Moreover, it will make the market more competitive and will help in development of economy. But FDI should not be allowed in SME's. If FDI comes in SME then it will surely eat away this sector and instead of proving to be good it will become a nightmare for the country.|
|Mohit Shukla said: (Jul 11, 2016)|
|FDI, in general, is good for India, but its importance varies sector wise. For some sectors, it will act as a launching platform to obtain unassailable growth which was not earlier obtained as there were very few active players but for few, it is not much fruitful and retail sector is one of them.
There are two factors through which we can comment upon the essence of FDI, one being consumer experience and other is of those who are dependent upon it for their livelihood. As per consumer point of view, influx of MNCs will surely raise the bar of quality of product delivered to them and also the cost factor will be in their favour, services provided to us be will be world class and also there will be fewer cases of consumer's inconvenience.
But the situation is not favourable to all, there are many who are in this sector for their living and advent of MNCs will pose threat to it and which will, therefore, result in increase in the level of unemployment. Though foreign players will create job opportunities but most of them had underpaid their employees and also there is not any job security to them.
So while allowing foreign investments in any sector, we should check the number who are going to be affected by it and in retail sector, these numbers seem to be very large, so in my view, FDI can be allowed in retail but for only in small percentage.
|Harish Chand said: (Jul 11, 2016)|
|Yes, I think FDI in the retail sector is good for India. As we all know that the biggest problem which we are facing is unemployment, so when these companies will start their operations here it will create a lot of job opportunities in India. Secondly, when these companies will come it will be increasing the competition which will be helping in reducing the price of the product, so ultimately the consumer will be benefited. Thirdly it will be increasing our tax collection which will be further used fr the benefit of the society.|
|Pulkit Jain said: (Jul 10, 2016)|
|In my view, FDI in retail sector should not be promoted in India. This is because India is a developing and as a developing nation we need jobs to be created to conquer unemployment. And if these companies enter India they will make the whole process automated with the advanced technology they have.|
|Mala said: (Jul 8, 2016)|
|I support FDI. India, being a developing country lag in the investment. But when FDI is supported, there won't be any more problems for the investment. FDI provides the capital and when this is adopted in India, the competition increases which results in the decrease in the price of the various products.
This also provides employment in our country. Moreover, the technological development will be damn high.
Approaching FDI in this manner, India will be highly compete-ting for the further internal developments.
Small scale industries will start working hard when FDI brings out tremendous changes in the economic growth.
Technologies that are beneficial can be used in agriculture and in defense too.
Hence FDI in the retail sector is good for India.
|Jyothi said: (Jul 8, 2016)|
|I belive that FDI is good for India. India is a developing the country.|
|Pranavi Gupta said: (Jul 8, 2016)|
I am Pranavi.
Instead observing benefits from all the point if views. Just go for how far it is good for us? Foreign direct investments need lots n lots of interactions with foreign countries. So when the other country political issues changes. When we interact with that country foreign direct investment is very risky. And we have to face a late of risks for that.
|Rachana.R.Pillai said: (Jul 8, 2016)|
As many of you said FDI is a good source to bring finance and development in our country, what about the basic problem which still exists in our country I. E, illiteracy. Still half of India is illiterate. Without proper education how will our country develop?So before allowing FDI into our country, we need to develop internally. As education can change a developing country into a developed country.
|Jijo Jacob said: (Jul 8, 2016)|
We know that India is a developing country, and a developing country's biggest problem is unemployment, if the foreign company will invest in India and open their malls, they will give job opportunities to both skilled and non-skilled people.
FDI will make consumers realise the importance of quality products and make them available goods with the wider choice. It would lead to forfend of middleman who traps the farmers in the vicious circle of corruption. It would make access to new technology which would result in ampleness of goods, eventually leading to rising in exports and increased profits. And also it will create more employment opportunities for Indian people.
I think FDI is not the threat for India but a boon for the Indian economy.
India would become more competent, developed and the most likely destination for investment.
|Rajat Mehra said: (Jul 5, 2016)|
|Yes, in my view this is good because it will bring good technology and employment in India. The Indian consumer will get improved quality product by using good technology.|
|Sidhi said: (Jul 5, 2016)|
As per my point of view, FDI should be restricted from certain areas of retailing sectors. Because there are certain small manufacturing units whose business could b collapsed if MNC's entrees. I think government Should take the initiative to encourage these sme's 2 manufacture quality products and raise their business to the top.
|Anshuman Palia said: (Jul 4, 2016)|
|In my view, instead of seeing every solution in FDI, we should encourage domestic investors to compete with each other and grow. If the Indian producer allowed competing with the companies of foreign nations, then Indian company will suffer due to the technological advancement of developed countries. Another point is India is a labour surplus country. So in a labour surplus country, if foreign companies will use capital intensive technology then the fewer job will be created. No doubt, to run a machine manpower is needed.|
|Akanksha said: (Jul 3, 2016)|
I believe that FDI is good for India at certain extent as because it provides employment to our country as we are developing country but I also believe that we should learn the way MNCs are working and get profit and try to implement those ideas to start a new business and no individual should be stuck with one company for the rest of life and every individual should start his small scale business and make growth and should also create employment for Indians.
I believe that everyone can grow by their own mind it only need to be polished; we should work hard to make our India a developed country and it'll only happen when we make in India and also we make for India.
|Pawan Kumar Mahawar said: (Jul 1, 2016)|
|First of all, India is developing the country. It needs billions of rupees to develop the infrastructure and technology. FDI can provide money for development.
Some supporting points to implement FDI:.
1. All foreign company or multinational company will provide money to our country, like taxes.
2. It will provide employment in the country. Now in days, that is very big.
3. It will decrease the price of products and services because increase in competition will decrease price. Like call rate was more than 5 rupees per minute. But now in days, call rate is below 1 rupees per minute by increasing the competition in a telecommunication company.
4. It will provide better or superior technology that is necessary for defence and research industry.
5. No.of mediators will decrease and price of the product will definitely decrease. It may also increase unemployment of small retailers, if you have to sustain in the market you have to do extra effort. Like some shopping malls based on domestic products are also sustaining before shopping malls based on foreign products.
6. In the agriculture industry, it will also provide technology and machine, that will reduce time, money, effort of farmers.
So, FDI is necessary to our country to develop. It is like a necessary devil because the use of foreign products will lead to the decrease in rupees value compare to the dollar.
|Ishita Agrawal said: (Jun 29, 2016)|
As to discuss FDI, primarily I would like to mention that I am in a very much favour of FDI in India.
In this epoch of great evolvement wherein there are startup companies, blue chip companies, rural development and so on, the level of competition is bound to change.
One query is frequently raised that 100% FDI would lead to the evacuation of domestic industries. But from my point of view, it would rather make them more competent. And to talk about competition, why would Indian industries get afraid of foreign industries.
Don't we have high competition in the Indian industry itself?
It's not the question of competition but about the quality of the product, these companies deliver. FDI will make consumers realise the importance of quality products and make them available goods with the wider choice. It would lead to forfend of middleman who traps the farmers in the vicious circle of corruption. It would make access to new technology which would result in ampleness of goods, eventually leading to rising in exports and increased profits. And also it will create more employment opportunities for Indian people.
It is also said that FDI would lead to the lack of resources in our country as the foreign companies will make excessive use of them.
But my dear friends, firstly they are not getting these resources free of cost and secondly, according to the rules they can use only 25% resources from India and the rest should be from outside the country.
It is not the threat for India but a boon for the Indian economy.
India would become more competent, developed and the most likely destination for investment.
|Arpita said: (Jun 29, 2016)|
|My personal point of view is that FDI is no more good for India because the people of India will make the servant of the foreign company. But India will developed by FDI.|
|Sirajudheen said: (Jun 28, 2016)|
|FDI should implement in few sectors like defence where we need more technologies with strict rules. With more foreign investments money flows out of our country, this is not good for our people. If FDI implemented in the retail sector and agricultural sector this will lead more technology-enhanced work and finally many farmers will lose their jobs because they are not much familiar with such equipment and also less no: of people are required for the work. We should start using our own products then only our economy will develop and our people will get benefited.|
|Saurabh said: (Jun 28, 2016)|
|In my point of view, FDI should not be given as much support and favour in the retail sector because competing for foreign companies to our Indian markets is not an easy task they have super high technology in various sector and they can easily flourish and gain revenue from us. It is right that they have given us jobs over a period of time but remember that they are using our brain to create further advancement in their business if we use that idea for our Indian market we can flourish. Meanwhile, it is good also we can take technology and ideas from them to become more independent in coming decades after all we should support the initiative of 'make in India' so that our Indian markets can flourish further.
|Yugendra Reddy said: (Jun 28, 2016)|
My opinion is good for India. The first thing is it improve the technology in our country, this factor compulsory need because India is developing the country. This key we learn and adopt new path.
Aspiring become a developed country.
British acquisitions by before independence, they make lot changes.
My second thing is it majorly affects formers, but the government takes coin decision about this victim, India has huge amounts of cultivated area and lot of non-cultivated areas also. Apart from the forest and reliable sources, so government provides all facilities in that area for people are work and living.
|Nikhil said: (Jun 26, 2016)|
FDI is the direct investment of companies across the border to manufacture and sell their product at cheap wages. FDI took place in 90's when India were suffering from economic crisis. It helped not only India but many countries to recover their economic status back.
FDI have following advantages.
1. Increased capital inflow.
2. Better technologies.
3. Better quality human capital.
4. Increased competition.
5. Economic sustainability.
I think FDI should be allowed in India with respect to different sectors. IN sectors like defence, railway, pharma, infrastructure it should be allowed through automatic route so we can get the best technology which develop our country by increasing our capital inflow.
In industries it should be through govt route which should have allowed under rules and regulations so it will save from fire sales. So local companies will work with more potential with competition which will help them to develop.
FDI should be balanced with encouraging local businesses and startups.
|Raghav said: (Jun 25, 2016)|
|Good evening Everyone,
Before understanding, if FDI in retail sector good for India or not, we need to understand what actually FDI is and what are its effects on different aspects of India. Well, FDI stands for foreign Direct Investment, which means foreign companies can come to India and Invest their money here for various purposes.
I Believe, FDI can be beneficial in some domains like Technology, Defense, Medical etc but it can also be a danger to India in other Domains like Retail. So, I believe FDI in the retail sector is not Good for India.
Though I agree that FDI in retail will surely increase the GDP and economy of India but this is going to a devastating thing for Small Indian retailers. The biggest example is Wallmart, which though provides the jobs to Indians but on the other hand takes away their entrepreneurial skills. They are no longer their own boss and hence they need to work under big firms. Certainly, they cannot compete with these big firms and hence this will affect the poor and lower middle-class people which are the major population of India.
|Shalini Agrawal said: (Jun 24, 2016)|
In my view. Yes FDI is good for India.
As we know that our county is developing the country. So to get the name in the list of developed countries. We need to shake our hands with one who has more sources than us.
No doubt, foreign countries are more developed than us and investing there will help us in globalising also. Thanks.
|Ritesh said: (Jun 24, 2016)|
|Yes, FDI is really good for India. I will prove my point by taking only one example.
Before 1983 in India there were very few automobile companies. People had to wait 2 or 3 years to buy a car, also car was out of range of middle-class family. But when Suzuki company of Japan from the joint venture with Maruti Udyog Limited it totally changed the automobiles sector in India, it put India on wheels. Many people in India got their car without any waiting at affordable prices.
|Nilesh said: (Jun 23, 2016)|
|If FDI comes in India in retail sector small business man will die and what they will do they have compulsory go to job and FDI will enjoy our money like as past we became gulam in our country.
When congress has favouring FDI that time BJP has opposed of FDI I know that time and at in election campaign also BJP say we will not bring FDI any time and at present, they have permitted its wrong for our Indian people.
|Ravi Srivastva said: (Jun 23, 2016)|
I am Ravi.
I will present my views in support of FDI in retail.
Firstly, I think agriculture sector in India is over employed as 60-65% people are dependent on it and it contributes only 14-15% to GDP if FDI is allowed in retail it will bring in new technology which will require lesser manpower the remaining manpower can be utilised in any other sector. One may say that it will increase unemployment but over employment is a hidden form of unemployment with skill India programme of Indian government these people can be imparted with skills that can be useful for both economy and these people.
Secondly, these new firms with pockets full of money can buy crop directly from the farmer which will eradicate the problem of mediators who are harassing the farmers for years.
Thirdly talking about the small retailers who are threatened because of competition, if the foreign firms don't come in the market there are Indian firms too. For example, if Amazon doesn't start Amazon fresh store here Flipkart or snap deal will start it. If there will be Walmart there is big bazaar too. So there is no point in fearing from the competition, it is inevitable. They have to learn how to fight these big stores.
|Medikonda. Avinash said: (May 9, 2016)|
FDI is good for India. FDI means cross the boarder investment made by a resistor in one economy in an enterprises in another economy, with the objective of establishing a lasting interest in the investe economy. Fdi need for India because the domestic capital is inadequate for the purpose of economic growth. And also we have scare productive factors like technical know when comparing developed countries. In my opinion the major benefits of fdi investment in India. Like as,
1. Improves forex position of the country.
2. Employment generation and increase in production.
3. Help in capital formation by bringing fresh capital.
4. Helps in increase exports.
5. Increase tax revenue.
6. Benefits of former.
7. Benefits of consumers.
8. New technology is developed And also long term cash liquidity.
9. Reduce the cost of production.
In 2016 the commerce and industry minister Mr. Nirmala sitharaman, fdi equity inflow received through automatic route in 2016 100% fdi to be allowed in food products produced and market in Indian so I accept to fdi is Bone in India.
Thank you my dear friends.
|Paul George said: (May 6, 2016)|
In my opinion, FDI is good. It gives support to our economy. It opens the gate for employment. We will receive quality products.
Coming to the local market I think its good for them as well. Once the competition is high they will be forced to improve the quality of the products adapt to the situation. Once they are up to the international standards they can expand their products to other countries as well. Hence India should implement FDI and accept it as an opportunity to improve.
|Narip said: (Mar 26, 2016)|
I am fully against FDI because it's making us salesman, not a business man. Development of the country will be possible when Indian money is in the hand of honest Indian people. These big outer companies are in India not for making India but to dominate India and seeking Indian money. FDI will make us servant of foreigners again. India will be developed at a speedy rate when new business is started by Indians, not by foreigners. When a small or middle-class person starts a business it will give the job to 4-5 person depending on Indian sources, not on foreign loans. This big Walmart and cash and carry stores are the main reason for "MANDA" in the Indian market as they earn and sending profits to their own nation. They are not providing jobs but they are creating more unemployment by shutting down small business.
Only Indians can develop India by their honesty and hard work nor FDI neither foreign agree. FDI must be allowed in rail defence where it will not hurt small businessman and corruption could be stopped.
Indian govt making rich more rich and making poor more poor. FDI has stopped innovation in business the as the new business can not compete with them.
They are disobeying rules of govt as Indian govt does not allow FDI in retail bur these big outlets directly selling to end customers which cause a big danger to small businessmen of India and they have to shut down their business and becoming the salesman.
If Indian govt stops FDI in India in retail and multi-brand sector like metro cash and carry and best price stores all the business which are at the stage of wind up will get a box boom and make India more developed.
MAKE INDIA WITH INDIA AND BY INDIA AND FOR INDIA.
|Ramu said: (Feb 27, 2016)|
I want to say, coming to India. Our country has a very big market. Foreign investors are now interested to invest their money in Indian retail market and present government of India also taking the necessary steps to improve the ease of doing business and attracting investment from other countries.
According to the calculations in 2014-2015, FDI inflows into the service sector is 46%. If FDI allows in retail market. The main focus of India be the employability to the people.
I believe that FDI is boon in Indian retail market. Because if reduced inflation rate by eliminating the role of mediators. More opportunities available because more companies will established of network in India so FDI is boon in India.
|Kasturi said: (Feb 10, 2016)|
|FDI-Foreign Direct Investment, according to is going to bring great opportunity. Let it be in terms of employment, technology, profit making as just like Indian currency will be going t their country so will be their currency in our country.|
Is Foreign Direct Investment (FDI) in retail sector good for India?
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