Is Foreign Direct Investment (FDI) in retail sector good for India?
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184 comments Page 8 of 19.
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.
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.
(7)
Soniya Choudhary said:
8 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)
ADIL HUSSAIN said:
8 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.
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)
Madhu said:
9 years ago
Hi, FDI is good for India. Many countries would like to invest in India because India has the huge young power and a very skilled people. So they would invest in India. It really helpful to India, as they invested, the people of India would get the employment opportunity, the Indian market value plus economic growth would be developed. And they introduce innovative technics and make technology easy and simple. Of course the investors also earn more apart from that they contribute to our country too. Therefore I wish FDI is really good for India.
(8)
Shruti said:
9 years ago
FDI is basically the investment done by the parent company in the host country. FDI is more secure way of raising capital. More of FDI in India will eventually help the country to grow at a rapid pace. It will boost the economic growth within the country and will establish globalization in a better way than usual. GDP will also improve and hence the national income. FDI in every aspect will help the country to grow. At beginning, it might affect the small businesses, rural areas in country but in a long run it is beneficial for the country.
(38)
Vinay said:
9 years ago
Hi friends, this is Vinay. I respect all your opinions, what you guys said regarding the job opportunities were true. But how long do we keep encouraging foreign goods and companies, why shouldn't we Indians be the FDI in other countries, why shouldn't we become entrepreneurs and develop our own good for our own people? there should be a company to provide employment, I say why shouldn't we start one instead of letting other countries. By doing so we can stop importing goods slowly and which helps in building the value of Indian currency.
(23)
Bhushan N Mangulkar said:
9 years ago
Hello, everyone, this is Bhushan N.Mangulkar.
I have read your thoughts it too good. As per my point of view, FDI in India is good for making new environment in business. Will create employment. Quality of product will get increase in compilation.
I would like to add one point here is that, currently we are facing problem corruption which is biggest barrier in country development. FDI would become a part of corruption as political leader will invest their Black money be half of foreign company to make white money.
Thanks.
I have read your thoughts it too good. As per my point of view, FDI in India is good for making new environment in business. Will create employment. Quality of product will get increase in compilation.
I would like to add one point here is that, currently we are facing problem corruption which is biggest barrier in country development. FDI would become a part of corruption as political leader will invest their Black money be half of foreign company to make white money.
Thanks.
(9)
Mohit Purbey said:
8 years ago
Hello, everyone.
I think FDI is a mix of good or bad in the retail sector for India. It should only be allowed relatively small percentage and not 100 percent. Yes, it is true FDI brings Job opportunities, technological advancements and much more. But we should not overlook the facts that it also has its set of disadvantage like it can control the prices of products both consumers and suppliers will be affected because of this, local shops will suffer too best example would be for this Walmart replacing local retail stores.
I think FDI is a mix of good or bad in the retail sector for India. It should only be allowed relatively small percentage and not 100 percent. Yes, it is true FDI brings Job opportunities, technological advancements and much more. But we should not overlook the facts that it also has its set of disadvantage like it can control the prices of products both consumers and suppliers will be affected because of this, local shops will suffer too best example would be for this Walmart replacing local retail stores.
(9)
Atasi said:
9 years ago
Government's initiative for FDI no doubt a good decision as it not only helps in solving our nation's unemployment problem but also aid more finance to our government. But if these FDI sectors are given importance to rural people by accepting directly product from rural people, it creates more opportunity for rural people. We know that if the rural area will develop then automatically India's growth will develop. So if these FDI sectors are direct support in retail market it will directly link with India's economic growth.
(5)
Anoop Kumar Yadav said:
9 years ago
I think, FDI is not a good idea when you have vast investors in India you have youth power and as we see the most company has CEO from India. As FDI is same as the Britisher rule on us as the east India company has done as they started the business and then they enter in politics then rule over our country for 200 years. The main purpose is we have to stop the brain drain and establish all the thing with Indian investors, Indian government so people do their job not for money but also to serve the Indian nation.
Thankyou.
Thankyou.
(10)
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