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

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185 comments Page 8 of 19.

SAYAN SARKAR said:   8 years ago
Hello everyone, today's topic is very much relevant and important in current economic scenario of our country. FDI no doubt plays a vital role behind surge of economy. Now India is one of the e country where retail market is prosperous and evolving day by day. This of course is possible due to FDI in this sector. Now govt allows 100% FDI in multi brand retail as long as the product made in India. By the hand of online shops like Amazon, Flipkart, Bigbusket etc retail market is now being controlled by FDI. It includes food market to electronic market. This is boon for growth. Departmental stores or big shopping mall surely generates employment. Every commodity comes under tax, natuarally when we go to supermarket to bye a product, it may be a pen or a detergent soap or vegetable or fish, we are paying tax for that commodity which in turns boosts the govt income. This is boon for development of a country. But in the other hand small shop owners like grocery to vegetable vendors in neighboring market lose their customers. They can not compete with big investors naturally. Govt should think about them because big investors in retail market in one way or another snatching the bread from their mouth. And growth of a country depends on better living quality and better earning from every section of the society.
(39)

Shivani jha said:   9 years ago
According to me, FDI in a retail sector is good for India, because India is developing country and economically not very strong. FDI gives 90% of the investment to Indian government which helps in the development of the different rural areas and also FDI purchase 30% Indian products which help in the import the Indian products.
(11)

Neeraj said:   9 years ago
Hi Guys,

Yes, "Foreign Direct Investment (FDI) in retail sector is good for India" because India is a developing country and there is need of these types of process as these are helpful to grow our nation towards best possible manner. With the help of "FDI" not only money comes but also many things come from country to country and each thing becomes useful for the nation whether it be technology or any better idea for manufacturing process. Customers always try to find out better things at lower price and this particular mind set up is possible with the help of "Foreign Direct Investment".

As we all know that unemployment still is the biggest problem of our developing country and FDI is one of the best way to overcome this problem from the stages. Retail sector is that sector which interacts directly with the consumers whether it be on line or off line overall I can say that all benefits are being received by the end user I mean end user is effected directly under this process.

And on base of these types of investments there is a healthy relationship which is improving day in day out among the countries that is strong bone of this business. Because a spread relationship many ways open easily to do multiple things at a time.

Finally, Foreign Direct Investment (FDI) in retail sector in India is magic stick through many problems are going to solve from the nation.

Thanks.
(30)

ADIL HUSSAIN said:   9 years ago
Indeed, FDI plays a vital role to surge our economy. Foreign companies not only provide their technology but also creates a level of competition among domestic as well as with other foreign companies. Moreover, there should be a certain limitation that these foreign companies shouldn't influence the domestic market.

For instance, Amazon is totally killing the market of Flipkart. Most of the product are available in Amazon with more discount as compared to Flipkart. There should be proper equilibrium so that Indian companies wouldn't be influenced.
(36)

Soniya Choudhary said:   9 years ago
Yes, according to my opinion, FDI in retail sector will be beneficial for our Indian economy. Foreigner investors will invest money and bring new technology in India and this will help to improve employment rate and standard of life as well as a healthy competition will be developed between indigenous person and foreigner to sales their products and for this, they will work on new technology to improve the product quality in cheaper amount. But with this FDI will put adverse effects on small business. So, FDI should be implemented with strict rules.
(19)

Manpreet Singh said:   9 years ago
Yes, There are so many benefits in the country like increase employment opportunities, increase exports, good effect in national income etc.
(8)

Nishu said:   9 years ago
Yes, I think FDI in retail sector is good for our country because it has many benefits it increases the GDP It makes the items of same quality and same brand to be available at low prices and it helps to grow India with greater pace but the most important thing is that it generates huge employment and we know that our population is increasing very rapidly so we have to create employment at much faster rate to decrease the unemployment from our country and FDI will help us in that.
(19)

Sham said:   9 years ago
Yes, I think our ruling party has taken a good initiative in India. Actually, the main theme is to provide a business hub and income hub environment in 25 sectors. I think people in our country are divided into three classes. Higher class think to get a good education and go abroad to work in foreign companies. The Middle class has no so much intention. They educate their wards to serve within own country either as a govt servant or a business man. And tehe lower class has neither money and nor good education. In this term, the technical method of foreign countries can be available in India. Which will affect all communities in retail and wholesale sectors.

It will reduce the rates and taxes levied on the items. People will be encourages to invent their own. Small Indian companies will be healthy in relation with foreign countries.

Nowadays we are importing many retail items for our daily use which are made by china, japan, etc. Though the initiative has not got a good speed, I think the FDI will be the good method to boost up our economy in all sectors.
(11)

RAJKARAN VAISHYA said:   9 years ago
Yes, the India foreign direct investment is good because there are many investors who want to invest their money in technical Industries improves the Indian economy.
(5)

Javed ansari said:   9 years ago
FDI is for India for because job opportunity are increased and maintain relation between countries.

Economy growth increased as well as new technology comes to India and proper utilised row material and God maintain.
(6)


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