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

Now a days, FDI in retail sector is being promoted through make in India initiative which I believe will boost local manufacturing. The country needs foreign capital inflow and FDI in retail sector will boost investment, bring in business expertise, and modernise the country's retail sector. This will bring competition in domestic market and thus will lower the cost for consumers and will enhance the product quality.

FDI will increase our market size but it will take away the small retailers and the household industries and the employment of those who have no degree or those who are uneducated.

But the tax revenue will increase as the companies will pay the taxes more fairly than our medium and small enterprise bit surely this will make us dependent after some couple of years then these companies will threaten us to DESTROY our economy.

Or, These giant foreign monsters could also do lobbying with our ministers which is even more harmful than tax evasion done by MSME, FDI in certain limits is always well and good but 100 % FDI is like giving 100% quota to a foreign student in our own universities.

Hii friends,

In my opinion, if FDI provides jobs for only Indians, in other words, if all works are done in FDI by Indians, then FDI in retail sector is good for India. Because in this time India is suffering from unemployment. I think FDI brings a lot of job & it creates an environment of cheap & quality products market. Inflation will be also controller & in the large amount Foreign currency will also come in India, which increases our economic growth.

According to me, FDI in all sectors is the major cause of growing disparity in India. There must be the constraint in certain fields such as agriculture, domestic groceries and pharmaceuticals up to 100%. Everyone must have equal opportunity to avail the benefits of FDI. Moreover, it must not be encouraged to the full extent in any area. Any foreign company must not overshadow our Indian company. It may give a cut-throat competition to Indian market but must not have the potential to uproot it.

Hello everyone, its a very good topic to be discussed I want to say that FDI in retail sector is good for developing country because it will help to generate tax revenue which can be utilized in other sector and at the same time it will increase employment opportunities and people will get variety of product at less price and the important part is that farmer will be benefited by this because of the elimination of middlemen from retailer to farmer the organisation will buy product direct from framers and they will get fair price for their product but at the same time the government must put certain restriction and proper strategy to support farmers and poor people like the benefit should not be limited to big organisation.

I would like to go against full direct investment. Example take KTM - Bajaj joint venture. When we buy a bike a percentage of profit goes to Bajaj comparing to fully international company. Also when we work in FDI companies they only need to pay less wage (comparison with international wages) hence they are able to produce product at least cost getting profit. Ultimately they are only profiting. But when we take joint venture we have some profit and also control over company.

Thank you.

FDI plays a major role in the development of a developing country. India is a country with the large population. Poverty, unemployment are some major problems and l think, through FDI, it would be beneficial for us to eradicate such problems. Also through FDI, new technologies, better foreign relationship are maintained. So, its imp to go in favour of FDI. THANKS.

According to me, FDI is good forIndia as it will bring economic development, more employment opportunities, increase in national income and hence increase in individual income, development of human capital recources and increased productivity. However it should be made sure that FDI is made in core and required sectors. It shouldn't affect the small retail shops by investing in retail stores. Thank you.

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.

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.