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

If FDI comes in India it creates a lot of job opportunity which really helpful for unemployment people. Those who are really skilled but not getting a job due to less vacancy in MNC.

Hello friends, according to my point of view FDI is not good for India because if we allow the FDI then the Indian market goes down and the job opportunity for Indian people become less. India is the 2nd fastest economy country in world. So we can create our own investment and spread through the world. Then the market of a Indian investment will go high and the job opportunity for Indian people is also high.

As you can see example of Patanjali (Ramdev Baba products). After launching the product Patanjali Maggie, the selling of a foreign brand of Maggi is gone down. This is best example and you can easily understand and banned the FDI product.

Thank You.

Hello, everyone, this is Bhushan N.Mangulkar.

I have read your thoughts it too good. As per my point of view, FDI in India is good for making new environment in business. Will create employment. Quality of product will get increase in compilation.

I would like to add one point here is that, currently we are facing problem corruption which is biggest barrier in country development. FDI would become a part of corruption as political leader will invest their Black money be half of foreign company to make white money.

Thanks.

I think FDI is good for India because of it creates lots of job and also GDP rate will be high.

It's very good but not uses of Indian agriculture and former developed I request investment, thanks.

It's good for economy.

Yes. According to my point of view, FDI is benefit for our country it will create a competitive market. Our people will get jobs in that companies.

Hi, friends.

My name is Rishikesh, I appreciate what you all said about it but in my point of view FDI to some extent is good for India, it will not only make the market competitive but will increase foreign exchange also. It means to kill two birds with one stone.

Hello, everyone.

All of said very well.

I respect all your opinions.

FDI is a good MNC, it is in the retail sector for India.

Hello everyone,

According to me, foreign direct investment is good, and necessary for India in its developing stages. But some terms are to be considered. Like the first and foremost beneficiaries should be the Indians. Like according to the brand name it takes, it suggests that the major share of the economy goes to the investors leaving the working staff without any benefit. So if plans are made to benefit the staff, FDI is probably good.