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

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182 comments Page 6 of 19.

Manav said:   8 years ago
I am completely positive with FDI (foreign direct investment) it is good India if looking up on retail market there are lots of brands are out of India and they dealing good business with Indian customers one question is that how they've attracted our customers because they giving better price with better products which every customer like and second thing is that whatever we buy we gave tax to government whether it is Indian product Or foreign product if we are considering our economy points of view it helps us!

Second thing is that we knew which one is better product with better price for example the cost of Coca-Cola is less than 1 rupee and selling price of product is 9 or 10 so it will directly impact on USA economy.
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Ilayaraja said:   8 years ago
In our point of view, FDI is good for growing up the economy. Foreign companies can invest money in India establishing it branches, it will create a huge employment opportunity as well as make an own indigenous product. Hence, it used to reduce the import from other foreign countries and increase the export. Our country GDP increase double times compared with past growth. The retailer is buying a product directly through manufacturer company with cheaper price. It will increase the making in India product with higher quality. We are ready to confront combat among the developed countries.
(17)

Amit said:   8 years ago
Firstly, it's important to understand what does FDI actually means. It means that a company from foreign country invests in one country to set up a buisness which would be helpful for them and for the country tuey investing too. Here, Retail sector is the part of country economy, a kind of buisness which supplies goods through store, internet etc. To buisness in our country, FDI was banned till 2011 then the government allowed the foreign investors. With FDI, our country's economy would develop which is very much necessary for a developing country. It also provides employment to youths in our country and somewhat of unemployment isssue would be solved.
(43)

JJ Govinda said:   8 years ago
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.
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Krishna Kumar said:   8 years ago
Hi guys,

FDI helps to develop our country. For ex: If foreign investor like to invest in India then our country will grow in economy. But if our country grown more than US then obliviously the investor started to think to borrow money from India and invest in their home country. Another ex: China products, the people are more attracted on China products because of packing, cost, features of the products, etc. This is not helping to our country economy to grow.

Finally, India should not depend only on one thing like FDI. If FDI is not there then choose other option to develop our country.
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Mahima said:   8 years ago
In my opinion, yes FDI is good for our country; as India is a developing country and it needs more development work over here, for that foreign investment is required in our economy which creates employment and help in reducing to the problem of poverty.
(10)

Navdeep Asthana said:   8 years ago
Hello friends, in my point of view the F.D.I means foreign direct investment would be done in our India because when a foreign industry come in India to setup their branch in India first of all they buy a land and they pay a tax to government this is the first reason, then they build the infrastructure of their industry so they can hire a builder and builder also earn money from them this is the third reason, then they would buy a machine from the machinery store so the store will also earn money this is the fourth reason, they employee workers which help them too producing goods so our people also get job by them this is the fifth reason, so all these reasons are true and valid which I gave in above lines. So, in my opinion, F.D.I. (foreign direct investment) must be done in India. So thank you for reading my points.
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Ayrin syed said:   8 years ago
Partially, FDI in the retail sector is good, Our country is developing the country, so it needs some Foreign investment. To make our economic status good, we can invest it. But human talents are hidden when there is a foreign investment, Our country's people talents are unique, by using the foreign products, we get addicted to their brands. Our country must use only our products, it is proud for all of us. Economic status is not as much as, so we slightly depend on foreign investments. We must not become their slaves, we must be very innovative, and keep on inventing new ideas, stop using foreign products. Thank you.
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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.
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Terrance DCruz said:   8 years ago
As our government is planning to raise FDI it will defiantly go up to 49%, it clearly means we are not able to compete with technological development and fulfil the demand of the market.

Hence foreign MNC's will take over the market and they will create a job, but what will happen in any case of war or political instability. A Large number of people will unemployed.

And reassessing small scale industries and retail, I am sure FDI is very harmful. Although it will create a new market for retails. But again we will be fully dependent on our government.
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