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

As per my perception it's totally unjustified to allow foreign direct investment even in retail sector because it can cease the chances of indigenous company to grow. And also one of the most important thing is that India will have a smooth economy when it's export would exceed import. Further I would like to correlate this incident with our history.

I would like to take a flash back to our history that British had also come in India in disguise of investors but later on they captured India deceitfully and ruled over India. So keeping in mind old incidents I would like to emphasise that some restrictions should be imposed on foreigners in context of their investment in retail sector. Am not saying that FDI is not a good thing but there should be some restrictions over it.

Yes, it is good as much as the weightage given to small industries by our Indian government start to utilize the pure benefits of the flowing money invested properly with the help of highly efficient controlling officers of FDI fund inflow. And unemployment should go vanished by the trending Technologies whereas some training and development should initiate the awareness of digitalization techniques as well as continue fruitful debates &competitions among college students, youngsters about industry & it's employment requirements. Cumulatively all these steps taken against covering up unemployment, increasing exports by flowing FDI money rather loosing the complete control of our Indian domestic market. PL request everyone to take the advantage of what's latest trending irrespective of the product belongs to any country and create more spaces for our own Indian products shining newly never opposed by other countries to purchase our Indian products at any cost where in the quality of products is our key.

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.

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.

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.

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.

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.

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 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.

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.