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

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182 comments Page 13 of 19.

Ubais javed said:   8 years ago
I think in retail sector FDI isn't good because it will kill the business of small scale retailers FDIs are in direct touch with farmers which throws out small retailers who buy there raw material initially but no will not be able to do so as FDIs directly buy it from farmers at good prices hence it neglect the retailers.
(11)

Madhurendra Ranjan said:   8 years ago
As, I view it the whole point of FDI in any sector is to provide an impetus to growth and make it at par with the global level. Retail in India is very robust. It accounts for 10% of GDP in India and 8% employment opportunities. Thus it is not wise to promote foreign giants to such an already flourishing sector and jeopardise the income of retailers. In this particular instance, we should go with the desi way of doing things.
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Terrance DCruz said:   8 years ago
As our government is planning to raise FDI it will defiantly go up to 49%, it clearly means we are not able to compete with technological development and fulfil the demand of the market.

Hence foreign MNC's will take over the market and they will create a job, but what will happen in any case of war or political instability. A Large number of people will unemployed.

And reassessing small scale industries and retail, I am sure FDI is very harmful. Although it will create a new market for retails. But again we will be fully dependent on our government.
(7)

Ilayaraja said:   8 years ago
According to my point, FDI means foreign country company wants to invest establishing their branches across the country. Foreign direct investment contribution of growth of the economy and create various employee opportunity in our country. Hence manufacture has been increasing through added an increasing export of the country. So we are not dependent in other countries making a products. In retail sector will make a new products on competative with other corporate sector. Manufacturer company delivered product a span of time to retail consumer, it attract a customer buying on retail shop. So FDI contribution not only earning income foreign company but also promote the retail sector across the country.
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Ayrin syed said:   8 years ago
Partially, FDI in the retail sector is good, Our country is developing the country, so it needs some Foreign investment. To make our economic status good, we can invest it. But human talents are hidden when there is a foreign investment, Our country's people talents are unique, by using the foreign products, we get addicted to their brands. Our country must use only our products, it is proud for all of us. Economic status is not as much as, so we slightly depend on foreign investments. We must not become their slaves, we must be very innovative, and keep on inventing new ideas, stop using foreign products. Thank you.
(15)

Navdeep Asthana said:   8 years ago
Hello friends, in my point of view the F.D.I means foreign direct investment would be done in our India because when a foreign industry come in India to setup their branch in India first of all they buy a land and they pay a tax to government this is the first reason, then they build the infrastructure of their industry so they can hire a builder and builder also earn money from them this is the third reason, then they would buy a machine from the machinery store so the store will also earn money this is the fourth reason, they employee workers which help them too producing goods so our people also get job by them this is the fifth reason, so all these reasons are true and valid which I gave in above lines. So, in my opinion, F.D.I. (foreign direct investment) must be done in India. So thank you for reading my points.
(126)

Mahima said:   8 years ago
In my opinion, yes FDI is good for our country; as India is a developing country and it needs more development work over here, for that foreign investment is required in our economy which creates employment and help in reducing to the problem of poverty.
(10)

Krishna Kumar said:   8 years ago
Hi guys,

FDI helps to develop our country. For ex: If foreign investor like to invest in India then our country will grow in economy. But if our country grown more than US then obliviously the investor started to think to borrow money from India and invest in their home country. Another ex: China products, the people are more attracted on China products because of packing, cost, features of the products, etc. This is not helping to our country economy to grow.

Finally, India should not depend only on one thing like FDI. If FDI is not there then choose other option to develop our country.
(9)

JJ Govinda said:   8 years ago
Foreign direct investment is very important in our country because India is a developing country lot of things we need to develop India in present scenario facing many major problems such as unemployment poverty over dynamic leader pm Narendra Modi taken several steps to boost our country economy FDI will help India to the growth of the country.
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Amit said:   8 years ago
Firstly, it's important to understand what does FDI actually means. It means that a company from foreign country invests in one country to set up a buisness which would be helpful for them and for the country tuey investing too. Here, Retail sector is the part of country economy, a kind of buisness which supplies goods through store, internet etc. To buisness in our country, FDI was banned till 2011 then the government allowed the foreign investors. With FDI, our country's economy would develop which is very much necessary for a developing country. It also provides employment to youths in our country and somewhat of unemployment isssue would be solved.
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