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

FDI is a boon for the small companies to become more actively involved in international businesses activities.

And employment increases in host country.

Improved technology in the area of processing, grading, handling and packaging are goods and further development in areas like electronic weighing, billing, barcode scanning, etc.

FDI is good for any country to develop economically and technologically.

Hi Friends,

As per My opinion, FDI helps the economy for short time period.

If country is self-depended then it takes lots of advantages.

Likes increase the value of currency in the world.

Everyone get the job by developing the industry in Indian company.

Hi friends, if you ask me I would say yes for FDI there are certain aspects that should be considered. If you presume that it'll affect the India's development what about United States being a developed country they still have FDIUS which is generated around 2.8 trillion US dollar and being a part of US economy. So it's good and healthy to be integrated globally.

Hi, everyone. In the presence of digital role model of our country PM Narendra Modi, we should focus on made in India, not made for India. One thing we need to understand that until and unless we do not fully focus on self-dependent. We can't able to make our country digital India.

Now coming to the point FDI yes we all knew that it will lead to global integration, it will generate employment. But one thing we need to understand that all these things will not allow us to become a developed country. Why we are not thinking of setting up our huge company that will generate employment and later we will enlarge these to country like US, CHINA, JAPAN.

Hello, Everyone, I am in a favour of FDI as it will provide employment to our youth which is full of skills and talents. There will be an era of new technology as outdated technology will not help in the GDP of the economy. We would be able to get good quality products at a cheaper rate.

Every Coin has two faces just like in FDI too.

Good faces:

1. Give opportunities to young blood to work with them and learn new technologies.
2. Better quality product.
3. Economic growth.
4. Graph of employment is increasing.
5. Competition increases.
6. Better living condition.

Bad faces:

1. Indian investor hesitates to compete with them.
2. Local brands could not breathe in freely.
3. An entrepreneur could not develop their market.

Thank you.

Hi guys, myself Suvam, I think FDI in Retail sector is good for India as due to FDI our many objectives can be fulfilled.

1: Increase in employment level.

2: Improvement in quality.

3: Reduction of price with increasing competition.

4: New era technologies.

5: Increase in the investment in R&D.

6: INCREASE IN FOREIGN RESERVE.

SO IF WE CAN ACHIEVE MULTIPLE OBJECTIVES WITH A SINGLE SHOT WHY NOT?

FDI is good for India but only for some time and after that, we want our entrepreneur because Gulami provide diet twice in a day but they don't make king of economy.

Hi friends, this is Vinay. I respect all your opinions, what you guys said regarding the job opportunities were true. But how long do we keep encouraging foreign goods and companies, why shouldn't we Indians be the FDI in other countries, why shouldn't we become entrepreneurs and develop our own good for our own people? there should be a company to provide employment, I say why shouldn't we start one instead of letting other countries. By doing so we can stop importing goods slowly and which helps in building the value of Indian currency.

Hi friends, myself Sirish. FBI is the not good for India why Indian people are encouraged in other country products please use our handmade products and develop the India and poor people.