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

In our point of view, FDI is good for growing up the economy. Foreign companies can invest money in India establishing it branches, it will create a huge employment opportunity as well as make an own indigenous product. Hence, it used to reduce the import from other foreign countries and increase the export. Our country GDP increase double times compared with past growth. The retailer is buying a product directly through manufacturer company with cheaper price. It will increase the making in India product with higher quality. We are ready to confront combat among the developed countries.

I am completely positive with FDI (foreign direct investment) it is good India if looking up on retail market there are lots of brands are out of India and they dealing good business with Indian customers one question is that how they've attracted our customers because they giving better price with better products which every customer like and second thing is that whatever we buy we gave tax to government whether it is Indian product Or foreign product if we are considering our economy points of view it helps us!

Second thing is that we knew which one is better product with better price for example the cost of Coca-Cola is less than 1 rupee and selling price of product is 9 or 10 so it will directly impact on USA economy.

Hello, everyone.

I think FDI is a mix of good or bad in the retail sector for India. It should only be allowed relatively small percentage and not 100 percent. Yes, it is true FDI brings Job opportunities, technological advancements and much more. But we should not overlook the facts that it also has its set of disadvantage like it can control the prices of products both consumers and suppliers will be affected because of this, local shops will suffer too best example would be for this Walmart replacing local retail stores.

In my opinion, FDI to some extent is good for our country as it creates job opportunities for the youth. There will be a healthy competition between the foreign companies and local companies to capture the market which is good for the customers as they will get better quality products at cheap rates. But as we know that it has some drawbacks also as it directly affects the small scale industry in the country and the local retailers also. So it is very important that small scale industries should also be empowered by the government as we can't rely completely on foreign companies and we need to become self-sufficient which is very important for any country to achieve growth.

Hello everyone.

As we all, know India started to liberalize its economy in 1991 so as to globalize Indian economy. Till now FDI has changed the way buisnees are run from pre L.P.G reform era. Regarding FDI in retail is concerned goverment has allowed 100% in single brand with some restrictions regarding local sourcing and 49% in multi brand retail sector. Retail sector in India is an unorganised sector with 90% or more business done by local shop owners such as kiryana shops , departmental store owners.

Benefit of FDI in retail sector could be:
1. Benefit of scales which further leads to reduction in cost and same product available at lower cost.
2. Improvement in infrastruture such as cold storage which in result reduces wastage from farm.
3. More tax compliance as organiszed player enter the market.
4. M.N.C which bring in FDI also integarate Indian economy with rest of the world which allows our product avilable in other country and vv.
As more FDI is coming in India we are moving towards organized retail market with players such as walmart, reliace etc

In my view, where FDI help to grow the economy of country where it keeps also few bad effect on it because when all the production and supply will be done by multi brand unit and that will demolish local shopkeeper and small businessman and we rest only consumer and servant nobody would be able to install any small biz. Small biz can not stand before multi brand market.

Foreign direct investment is very important in our country because it gives job opportunity. Also foreign company has to pay to govt to setting up business. It will boost our economy. But it will affect the small scale industries. So we should not completly depend on foreign companies.

Yes, it is good for India but not completely. Good because foreign countries invest in India which promotes good relation between India and the investing country. Unemployment decreases as it creates job opportunities for people. Our country tries to increase th equality of their products in order to compete with the foreign country our currecncy strength is also increaed as compared to other nations it also helps in technological advancement as the foreign countries provide a strategy for that. Bad because the small scale industries of India get affected by fdi.

Partially good or bad!

The Reason behind that is, now recent times India is world third last country to received FDI in the year 2016-17, but people generally think if FDI inflow increase than employment as well as technology will boost up. But we know that our prediction is going wrong cause FDI has generally come in existing country, now foreign country's are investing their money in it as well e-commerce sector due to this reason India is growing jobless.

2nd reason is that India's tax policy is not constant its changing time to time and our intellectual property rights is not enough strong as required so many companies are scared to in retail sector.

FDI in retail sector has its own advantages and disadvantages.

Let's first talk about the positive side. Foreign investment in retail sector will give consumers lots of varieties in every products. Employment will also increase which is a big problem of present India. FDI will increase competition and Indian industries will also grow with higher rates because now they can also invest in other countries. For establishment of FDI, our government will get very high taxes which can increase our economy.

Disadvantages:

For developing countries like India where productions is mainly through small industries. Due to big MNCs companies, they can't stand and will be vanished that will decrease the employment. Also, FDI will start controlling the prices of product. For example cocacola worth is just, 1 but they can sell it at much higher price easily.

So, I think FDI is good but only in some sectors where we can learn from them and can compete them. Also Indian government should encourage small industries to use new technology and as India has low labour cost we can produce things at lower cost than foreugn countries.