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

Hello everyone,

In my opinion, FDI should be increased in retail sectors in India as it will surely lead to the development of some new distribution channels which will, in turn, will benefit the customers only.

Secondly, due to the demonetization effect as well as GST introduction our economy is facing a huge problem in retail sectors as many people have even shut down the shops FDI will work as a motivation for them.

And hence better condition than now.

Also more the FDI more will be innovation in the retail sector which will cut down the unnecessary cost in distribution so no unnecessary addition to the cost of the product.

FDI invests in India and gives the better opportunities and enhanced technologies to Indian peoples. It's good. But after 2-3 year company decide to increase the value of product and it's service. If it is not done by government then the owner of company decided to block the marketing then we to purchase the product from other country. That's very bad for Indian market, employees, GDP, consumers, Indian economy etc. I think not go through FDI.

India is the country of youth. So block the FDI in country and to decrease unemployees, Indian government to start programs in which there is 50-50 percent partnership between government and peoples. It will better to use skill and ideas to do public and for people beneficial. It will remove the hesitation of people to invest money in market.

Advantage:-

* Wealth of India in its control.

* Wealth of India is in country itself.

* GDP increases.

* Better job opportunity for peoples.

* Decrease unemploys.

* To see India as developed country as US, China, Japan etc.

* Currency will be strong respect to other.

* Better understanding between government and company.

* Reduction in other country products.

Yes, FDI is good for India why because it will boost our economy, as well as the employment opportunities, will increase. When people get employed automatically he is going to buy some goods in the market, so indirectly the govt is collecting tax from the customers. When the govt receive tax properly automatically the GDP will grow. At the same time, the competition will increase among sellers and they produce quality goods with the cheapest price. Mainly the technology will transfer from one country to another with this we can utilize world class infrastructure at the optimum level.

> Until 2011, FDI in multi-brand retailing was not allowed in India.

> In 2012, 51% FDI was allowed in multi-brand retailing, opening doors for international companies to show their presence in retail sector.

> This has helped to rope in new skills and new technology in the retail market.

> In 2015, 100% FDI in single brand and multi brand retailing was announced by the Modi Government.

> FDI makes this particular sector more organised.

> Foreign exchange brings a boost to Indian rupee.

> Increases employment, and competition.

> In countries like India, Malnutrition is a major problem. Whose direct or indirect cause may be the unhygienic or improper storage of goods in the retail outlets. The presence of foreign companies assures a better product improving the quality of product available for end customer at affordable prices.

> Therefore, Foreign Direct Investment in retail sector is a boon for India.

Hi Guys,

Yes, "Foreign Direct Investment (FDI) in retail sector is good for India" because India is a developing country and there is need of these types of process as these are helpful to grow our nation towards best possible manner. With the help of "FDI" not only money comes but also many things come from country to country and each thing becomes useful for the nation whether it be technology or any better idea for manufacturing process. Customers always try to find out better things at lower price and this particular mind set up is possible with the help of "Foreign Direct Investment".

As we all know that unemployment still is the biggest problem of our developing country and FDI is one of the best way to overcome this problem from the stages. Retail sector is that sector which interacts directly with the consumers whether it be on line or off line overall I can say that all benefits are being received by the end user I mean end user is effected directly under this process.

And on base of these types of investments there is a healthy relationship which is improving day in day out among the countries that is strong bone of this business. Because a spread relationship many ways open easily to do multiple things at a time.

Finally, Foreign Direct Investment (FDI) in retail sector in India is magic stick through many problems are going to solve from the nation.

Thanks.

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.

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.

Hello everyone.

I am Akash.

I believe large scale FDI invasion is bad for India. India's market is one of the top 5 markets in the world, in terms of consumers and retailing opportunities. There are a plethora of negative impacts of letting FDI to the Indian retail sector, but I would like to mention only three of them:-.

1) India local manufactures and businesses won't be able to compete with these sophisticated MNCs. Ultimately it will lead to the monopoly of these MNCs over the retail sector.

2) FDIs are foreign investments and by giving them liberty over our retail sector, we are increasing GDP of some other countries, not ours. It drains away from our economy.

3) The unorganised retail sector like kirana shops, pan shops, etc gives job opportunities to a lot of semi-skilled and unskilled people. While they might lose their jobs if FDI comes in the retail sector.

So, I conclude complete liberty over the retail sector is not good for India. The government must regulate FDIs. I appreciate Government step to be " VOCAL FOR LOCAL " to make India self-reliant or "atmanirbhar". Let the local manufactures and MSMEs uplift their business and take India to new high.

Hi, I am Puja, I think FDI is not good idea for our country. FDI means foreign Direct Investment. As Indian have huge unemployed and FDI can decrease it but what about out own ownership in India. If FDI is cover all.

Market of India we will lose our freedom. And its tends to again pooling salivary of India people.

In my opinion, 100% FDI in retail sector will adversely effect the social upliftment in India, as it will benefit economic growth but major players will exploit maximum and domestic players will be out of the market. It will generate competition but among foreign countries to how effectively they can exploit the Indian resources by serving cheap products with advanced technology but what about the people who indulged in small businesses, more than 270million people in India are engaged in Shopkeeping business it will first give employment and after that it will take jobs of those 270 million people. FDI is a two faced coin, policies related to it should be properly formulated to avoid any cumbersome.