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

Group Discussion
Points to remember before you participate in this discussion:
  • Assume you are one of the members of a real group discussion.
  • Take the initiative to participate and contribute your thoughts.
  • Contribute your positive thoughts towards providing the solution.
  • Post your thoughts here.
Discussion:
185 comments Page 9 of 19.

Shah said:   9 years ago
As far as my perspective FDI should have a warm welcome. But every business cycle has a growth and maturity part as well. If any company has created a strong roots in India and has gained enough market share in India then govt of India should try to own and handle that business by itself by buying all foreign shares of that particular company as the bulk profit and revenue that is been generated by these companies could be utilized towards people of India instead of foreign families as in this case we are owning a company that has established its roots in India up to maximum and should be promoted by Indian people themselves in future. So in nutshell, there should be strong support from govt of India in this case.
(22)

VIMAL said:   9 years ago
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.
(16)

Ramya said:   9 years ago
Yes, I do agree it is very useful. Those who are unemployed they can take the opportunity of taking part in FDI too. So it increases better opportunities in their job.

Thank you.
(9)

MAQUSUD said:   9 years ago
According to my point of view, FDI in retail sector in India is a way to get out of some trap like intermediaries and high cost.

As far as farmer is concerned they are going to get benefit directly selling the product to retailers and now the storage and transportation is on hand of retailers. And availability of new technology to store and transport the products the wastage of agro products could be reduced.

And on the other side in the era of globalizaTion. Market is open for all and companies inflow as FDI bring technology, ideas, competition. And companies also paying taxes to our government that just increases the revenue. Consumers are getting benefit of their choices and competitive market providing us quality product.

Now we should not be more conservative to talking about our culture, tradition and PEOPLE OF INDIA.

Let give a chance to INDIAN enhance their living and fulfill their choices with the use of quality products.
(23)

Neha said:   9 years ago
Hi friends,

I think FDI is good for India in retail sector because through FDI we get the quality products because we all know foreign products have quality. The Eg.of foreign companies in India are Levi's, Pepe jeans, Samsung, Nike, Addidas, Sony etc. All these companies have quality and standard. Through FDI Indian people can buy foreign products and Indian economy will also raise and employment will increase. India will get fame with FDI.

THANKS!
(9)

Ashok chetri said:   9 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)

Arka Mondal said:   9 years ago
Yes, FDI in Retail Sector good for India. FDI is necessary for Indian economy growth. It will help to generate revenue taxes as well. Huge competition in market will lessen price of products so the customers will get good products in cheaper price.

On the other hand Mom and Pop stores will also face challanges which are not good for those who are unable to afford to visit malls, adding to that who often buys products on credit from mom and pop stores.
(8)

Manish Hota said:   9 years ago
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.
(15)

Aprajita srivastava said:   9 years ago
FDI in Indian retail sector is good because if country has to develop then it is must to invest in outsider and allow outsiders to invest in our country. With this step, the economy of India will grow. This is an illusion that if outsiders setup their company in India then people of India will be unemployed, but its not true as this step will give lots of opportunity to the people. When they setup the company, they will also need people to work.
(9)

Ganesh abotula said:   9 years ago
Hai, according to my point, FDI is necessary for India growth. The growth will come from increased employment. As we know if we have more foreign investors automatically employment goes raises. But at the same time, other small business unit may lose their profits. Although it is correct way to increase our economic growth and people lifestyle up to some extent. Due to this, the rupee value will be increased from day to day and strictly I can it creates a lot of opportunities for peoples both educated and noneducated. Finally, I have to conclude it. FDI may make India be like the USA and it may increases in Port and export theirs by increasing our Indian economy. Thank you for given wonderful opportunity.
(9)


Post your thoughts here:

Your comments will be displayed after verification.