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Future of FDI in Retail

 

Should !100% FDI be allowed in the Retail Sector?

Created by : Sudhansu Jena, Logistics Manager, Target  | 07 05 2008 07:38:09 +0000
Industry : Retail Chain/LogisticsFunctional Area : M&A(Corporate Finance)
Keywords : FDI Retail Sector Allowed
Activity:  1595 views;  last activity : 07 06 2010 20:18:09 +0000
There is a lot of hue and cry regarding, should there be 100% FDI in retail or not. There are various factors attached to it, lets come together to find a appropriate solution and a supportive argument for the same.
  
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we need latest technology on construction.  It is labor intensive without much quality attained so far.  Slowly we are started using concrete mixer to a limited extents.  As we all know Indian construction is always schedule slippage due to vagaries of impromptu monsoon non-availability raw materials like steel, cement, bricks in time.  Hence, it is high time, we need FDI 100% in order to improve our tradition bound method of constructions to a modern technology.
By seshadri ramabadran iyengar, Marketing Manager, forever living USA  07 05 2008 09:20:55 +0000
 
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The small India Kiryana Store are making a huge fuss regarding the India retailers only and how the business is going away from them, think of the situation when the international players comes in full flow. Well we will have a lot many people going job less and this is not what we want for our country.
By Vijay Sharma, Logistics Manager, Reliance retail  07 05 2008 07:48:28 +0000
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yes we should allow for our own development, it will bring technology to develop logistics and supply chains, helping food processing industry to grow, provide employment to millions, and enhance competition in the retail space....
By Anurag Rai, Accounts Manager, Dell  | 10 08 2008 06:16:20 +0000
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Though 100% FDI is not allowed but all major players have already taken the road down to India and set up their operations either in the form of single brand retail trading or in the form of whole sale cash & carry. Therefore, the government should think about allowing 100% FDI in single brand retail trading and introducing multi brand retail trading in a phased manner.
By Akhilesh Majumdar, Logistics Manager, Tesco  | 09 30 2008 06:34:35 +0000
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I think FDI in retail is long overdue.....ofcourse with checks and balances......

 

It is sad to note that on many fronts Organised retail is not getting the proper due unlike the IT industry.....

 

Its high time the goverment takes proactive measures to address the growth of organised retail...it will be the largest employer after agriculture in the years to come......
By Jambu Iyer, International Property Consultant  | 07 10 2008 21:28:12 +0000
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it should be allowed as its not a threat to Indian companies and will be to the benfit of the consumers.
By Anurag Mitra, Product Marketing Manager (Asia Pacific)  | 07 06 2008 20:58:30 +0000
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Well, I think its high time and the government should now allow 100% FDI in retail, because now the domestic market has been developed quite nicely. The Indian Retailers like Reliance, Future Group etc are ready to take on the foreigners.
By Sudhansu Jena, Logistics Manager, Target  | 07 05 2008 07:46:58 +0000
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Considering the historical perspective of foreign direct or indirect investment in India so far, if 100% FDI is allowed, it is a complete sell out.  Rather I would suggest a 40% FDI would be fine as this would offer the Indian players sufficient elbow room to compete with the tools and techniques that may be brought in by the foreigners.The problem will be of a different magnitude when these fellows try to throw their muscles behind the crafty Indian politicians disguising their self-interests. A blindfolded acceptance and argument for 100% FDI cannot be supported as it cannot see mid term and long term problems.
By ANILKUMAR KAPPILLIL, Litigation Attorney, THE LAWYERS' SYNDICATE  | 01 22 2009 10:22:26 +0000
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