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

Every coin has 2 sides. So if we talk from customer's point of view, FDI in retail sector will be beneficial as we will have varieties of products with good quality.

And Talking from local seller's point of view, FDI will be a hindrance to our business as there will be stiff competition from foreign companies which can lead to falling in revenue for our business.

And lastly, talking about impact on job opportunities in India due to FDI, so at present India is doing pretty well in terms of maintaining relations with foreign countries, then be it importing electronic goods from China, importing crude oil from Saudi Arabia etc but unemployment rate in India still remains unaffected at 5.7 and now it has been found that in 2018 it will increase to 5.80.

So According to me, FDI in retail sector should be prepared less, as it will hamper one of the initiatives taken by Prime Minister "Make In India". In case of FDI, mostly foreign companies will prefer to employ their own people and make products in their countries and selling it to Indians earning huge amounts of profit.

Given the topic to discuss on FDI, the first point I would throw light upon is international relationships. India has a long history of foreign investments dating back to the establishment of East India Company in Kolkata. After that the tie-ups of MNC's with Indian workforce to set up a vast chain of foreign companies in the Indian subcontinent. All this have time and again proved how foreign trades, investments, and establishments in India has always catalyzed Indian workforce giving rise to innumerable employment opportunities. Furthermore, cash flow through foreign investment strengthens the Indian economy, boosting the India economic framework. Foreign investments strengthen international relationships which results in international tie-ups, MOU's between these countries. Recently, in the Ahmedabad-Mumbai Bullet Train project, Japan has funded 88000crore. These are direct results of FDI channelizing through various sectors since ages in India. Funneling down to impact on the retail sector, FDI however, has some negative effects on the industries with a small turnover in India and indigenous production items. The surplus inflow of foreign goods does impact retail industry resulting in poor performance of indigenous goods. Hence FDI though beneficial to Indian economy in lot many ways should be strategically implemented in India keeping in mind its impact on every Indian industry.

As much I know about FDI, it will completely affect our country in both terms, due to FDI job opportunities will be generated, govt will get tax, due to that company economy will be a move towards growth. Consumers will get a good quality product like healthy living. In the era of globalization, we should welcome FDI. If we welcome something, so someone will welcome us.

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.