Is Foreign Direct Investment (FDI) in retail sector good for India?
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184 comments Page 5 of 19.
Shah said:
8 years ago
As far as my perspective FDI should have a warm welcome. But every business cycle has a growth and maturity part as well. If any company has created a strong roots in India and has gained enough market share in India then govt of India should try to own and handle that business by itself by buying all foreign shares of that particular company as the bulk profit and revenue that is been generated by these companies could be utilized towards people of India instead of foreign families as in this case we are owning a company that has established its roots in India up to maximum and should be promoted by Indian people themselves in future. So in nutshell, there should be strong support from govt of India in this case.
(22)
Ganesh abotula said:
9 years ago
Hai, according to my point, FDI is necessary for India growth. The growth will come from increased employment. As we know if we have more foreign investors automatically employment goes raises. But at the same time, other small business unit may lose their profits. Although it is correct way to increase our economic growth and people lifestyle up to some extent. Due to this, the rupee value will be increased from day to day and strictly I can it creates a lot of opportunities for peoples both educated and noneducated. Finally, I have to conclude it. FDI may make India be like the USA and it may increases in Port and export theirs by increasing our Indian economy. Thank you for given wonderful opportunity.
(9)
Abijit sharma said:
9 years ago
As far as I'm concerned, I feel that "like every coin has got two sides, FDI too has got positive and negative sides".
PROS:
1) It will bring changes in technology and hence we will save time and also the quality will increase.
2) IT will also generate employment, which means our country economy is going to increase.
3) It is beneficial for customers as because of competition, price of commodities will reduce.
CONS:
1) Increase in FDI means relaxation in trade barriers, which results in too much of activities like dumping which is not good.
2) As outsourcing will also be practiced in large number, talented employees of our country will be outsourced to other countries, which is a loss for country.
PROS:
1) It will bring changes in technology and hence we will save time and also the quality will increase.
2) IT will also generate employment, which means our country economy is going to increase.
3) It is beneficial for customers as because of competition, price of commodities will reduce.
CONS:
1) Increase in FDI means relaxation in trade barriers, which results in too much of activities like dumping which is not good.
2) As outsourcing will also be practiced in large number, talented employees of our country will be outsourced to other countries, which is a loss for country.
(7)
Ilayaraja said:
8 years ago
According to my point, FDI means foreign country company wants to invest establishing their branches across the country. Foreign direct investment contribution of growth of the economy and create various employee opportunity in our country. Hence manufacture has been increasing through added an increasing export of the country. So we are not dependent in other countries making a products. In retail sector will make a new products on competative with other corporate sector. Manufacturer company delivered product a span of time to retail consumer, it attract a customer buying on retail shop. So FDI contribution not only earning income foreign company but also promote the retail sector across the country.
(11)
Vibhu Agarwal said:
9 years ago
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.
(24)
Sachin said:
8 years ago
Hello guys,
FDI means a company or a corporation which is established outside India is investing in Indian market by forming a joint venture company, wholly owned subsidiary company or otherwise.
FDI in retail sector has both advantage and disadvantage.
The advantages are available mostly to the government and consumers.
High sales mean high revenues and accordingly to the government will get high taxes from the foreign company. Consumers can select from a large variety of products and also have the advantage to buy cheap products.
The existing large scale industries of India can cope up with the competition from a foreign company, but our small-scale industries may find it difficult to compete.
FDI means a company or a corporation which is established outside India is investing in Indian market by forming a joint venture company, wholly owned subsidiary company or otherwise.
FDI in retail sector has both advantage and disadvantage.
The advantages are available mostly to the government and consumers.
High sales mean high revenues and accordingly to the government will get high taxes from the foreign company. Consumers can select from a large variety of products and also have the advantage to buy cheap products.
The existing large scale industries of India can cope up with the competition from a foreign company, but our small-scale industries may find it difficult to compete.
(92)
Mustak ahmad, sahibabad said:
9 years ago
Hi guys, Good morning.
I feel that, FDI in retail sector good for our country.
Firstly, India is a developing country and FDI helps a lot to enhance our economy as well as increased in employment also.
Secondly, technology transfer in Our country will be also help and due to this we can utilize world class facilities and updated with global economy also.
Third, Employment generation is one of them. FDI provides employment to our unemployment person and gives us world class training skills.
Apart from that,
They provide world class management skill and training and trained our human resources also. So, it helps in every manner. That's why it is good for our economy as well as our country.
I feel that, FDI in retail sector good for our country.
Firstly, India is a developing country and FDI helps a lot to enhance our economy as well as increased in employment also.
Secondly, technology transfer in Our country will be also help and due to this we can utilize world class facilities and updated with global economy also.
Third, Employment generation is one of them. FDI provides employment to our unemployment person and gives us world class training skills.
Apart from that,
They provide world class management skill and training and trained our human resources also. So, it helps in every manner. That's why it is good for our economy as well as our country.
(17)
Awadh said:
9 years ago
Hello Everyone,
FDI to some extent is important for our development of our economy, some people argued that if Giant like Walmart comes to India it will remove the middle man system and provide good income to our farmers but in reality these giant are themselves big fish act as mediator, they will buy things from farmer in cheap rate and will sell it in market with much-increased price, eventually making poor more poor. Government of many developed countries where Walmart is operating used to give upto 200% subsidies to farmers but for the developing countries like India it will be very difficult to provide such big amount as subsidies, so we need to have limits defined for FDI in retail.
FDI to some extent is important for our development of our economy, some people argued that if Giant like Walmart comes to India it will remove the middle man system and provide good income to our farmers but in reality these giant are themselves big fish act as mediator, they will buy things from farmer in cheap rate and will sell it in market with much-increased price, eventually making poor more poor. Government of many developed countries where Walmart is operating used to give upto 200% subsidies to farmers but for the developing countries like India it will be very difficult to provide such big amount as subsidies, so we need to have limits defined for FDI in retail.
(21)
Sachin s said:
9 years ago
Hello, everyone.
All of you said very well.
I respect all your opinion.
But according to my point of FDI in India is good. Because they invest much-needed money it leads the nation economically strong as the Europian countries. India is also suffered from unemployment problem FDI creates job opportunities for the nation. FDI makes the competition in the market increases because of everyone like become no 1 that leads the Indians also put more efforts to produce the quality of the product. This competition in the people will get the quality of product with cheaper rate. We also get a more tax from FDI that leads economically strong. Govt make strict rules it's definitely more helpful.
All of you said very well.
I respect all your opinion.
But according to my point of FDI in India is good. Because they invest much-needed money it leads the nation economically strong as the Europian countries. India is also suffered from unemployment problem FDI creates job opportunities for the nation. FDI makes the competition in the market increases because of everyone like become no 1 that leads the Indians also put more efforts to produce the quality of the product. This competition in the people will get the quality of product with cheaper rate. We also get a more tax from FDI that leads economically strong. Govt make strict rules it's definitely more helpful.
(59)
Unknown said:
9 years ago
Hi guys, first we need to know about FDI. FDI termed as foreign direct investment which means foreign investor invests for other country. Example Investor invests money for Indian companies because they seeing an opportunity for growth due to the rising market and purchasing power of the citizens in lower cost. Yes, we can say that FDI is good for India. If there is FDI, Companies will get profits and more revenues. Employment increases, jobless people will get a job in companies. Technology will also be developed, we also that our country is still developing country, the companies bring with them research opportunities and new technologies from their land which helps India to develop.
(20)
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