Academic Journals Database
Disseminating quality controlled scientific knowledge

Proposed FDI in Multi-Brand Retailing:Will it heat the Indian unorganized Retail Sector?

ADD TO MY LIST
 
Author(s): S. G. Khawas Patil | Laxmikant S. Hurne

Journal: Review of Research
ISSN 2249-894X

Volume: I;
Issue: VI;
Start page: 82;
Date: 2012;
VIEW PDF   PDF DOWNLOAD PDF   Download PDF Original page

Keywords: Retail | Multi-brand | FDI | organized retail | MNCs etc.

ABSTRACT
Retail industry of India is divided into two sectors viz. organized and unorganized sectors. The Govt. of India was forced to put on hold FDI in multi-brand retail by several political parties. Presently, for single brand retailers, 51 per cent FDI is permitted. The problem arises whether opening up of FDI in multi-brand retail will create problems or provide opportunities for local retailers. People those who oppose to the FDI in multi-brand retail, feel that FDI will pose some threats before the unorganized retail sector and will adversely impact the small retailers, farmers and consumers. Foreign direct investment in multi-brand retail will start a better integration of Indian economy into the global markets. There is no reason to worry by small retailers and shopkeepers may get displaced. This article examines the prospects of FDI in multi-brand retail in India.
Affiliate Program      Why do you need a reservation system?