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

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Discussion:
182 comments Page 7 of 19.

Helly said:   7 years ago
Yes, I think that foreign direct investment is good of India because it will give rise to a competitive environment in the country, also the employment will increase. The local small-scale industries will be affected but they will be inspired to use new technologies and perform better in order to give a tough competition to FDI.
(19)

Ruchika said:   9 years ago
Hello everyone,

Till now we have many perspectives for FDI. In my view, if FDI will be applied with strict rules which will be in favor of development of poor, illiterate and rural population because if we want a complete development for our country then it couldn't be possible without these people, we have to follow equity, not equality in are rules. In equality, we create equal opportunities for poor and rich educated people because of that the poor and illiterate population are unable to use that opportunity in lack of information so we should make rules in which the major preference should be given to these people.

In this way with FDI our country's every class can make development because FDI is a good idea but when it will be executed with a proper development strategy.

It can make our country economically strong and can provide employment which is a very big issue for us and can strong our relations with other countries.

In the point that the local shopper will be in loss so here, a solutions can be provided as they can make their business with FDI investors as a local branch.
(18)

Mahesh gudimalla said:   9 years ago
FDI in India is not a good thing. Because we have independence from before 200 years only. We did not utilize our skills and talents after. Indians are more talented than foreigners. First government of India should give full support Indian investors only. Because FDI has come, we are never owners. Every time we are employees only. After several years also we can't invest. We are directly saying to foreign countries that, we are slaves. Come and rule us. So first govt of India create an Indian investor's supportive market. Then only we develop. The nation will be developed.
(18)

Aryan said:   9 years ago
FDI invests in India is good. It has some disadvantages also but it has more advantages in compare to disadvantages.

1) It increases the employment by establishing plants in India.

2) it also helps to improve technology.

3) It also causes competition among industries/ companies, due to which customers get better quality of things at a reasonable price.

4) It will increase the value of Indian currency.
(18)

CHANDAN KUMAR YADAV said:   6 years ago
Yes, I think FDI is good because as we know that Indian economy growing so fast it's the horizon of new sunrise nowadays but still we are in fiscal deficit FDI is the medium to fulfil this deficit. The retail sector is on fire E-commerce company increases so fast it needs an investment of money And FDI is a good option. Of course, FDI creates unemployment in our country so 100% FDI is not permissible at all. Small industries totally destroy by this big company which leads to monopoly in the field of retail business even though the competetion between the native company and foreign companies are very high this leads to a production of great quality product and goods it's the best way to improve the quality of goods and services because a healthy retail sector is alive only if the opposition has a great deal of benchmarking. Thanks.
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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.
(17)

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)

Sohan said:   4 years ago
Hello everyone.

Myself Sohan Kumar. Our group disscusion topic is FDI.

In my opinion, yes it very benefits for a country like India where the majority of the people has come under the middle class and poor classes. FDI help in bringing the price of object low and it also helps in an increasing job opportunity for the people. It will increase the competition so that we can get things in a low amount. It also helps in increasing the economy of the country.
(17)

Aprajita srivastava said:   9 years ago
In my opinion, FDI in retail sector is good for India. FDI has lot of advantage as it will boost up the competition in Indian market. And we all know that in competition, everyone wants to become number 1, so Indian people will make their best efforts in the competition. And moreover, FDI brings employment as it requires the number of employees for their work. With the coming of Walmart, nothing goes closed. So I think it is boon.
(16)

Ashok chetri said:   8 years ago
On the FDI regard I reckoned that FDI policy is good for India but it will be totally absurd to convey that we should not appreciate FDI because at the end of the day FDI will revamp or inject competition in the market which will apparently help out the small business to compete and upto the level of the foreign company. But on the flip side of this policy, there should not be totally 100% liberal for this policy in India because it will drastically effect the small business in India and we will be totally depended on the foreign company which I fill is not a good sign for the developing country like India.

So, in nutshell what I want to urge is that there should be a balance between the FDI investment which will eventually help the economy of our country to grow in balance way abreast injection fresh technologies in the economy and helping the small business to upgrade them-self to the level of the foreign company.
(16)


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