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Started by : Sheetal Jadhav, Sales/BD Manager, Future Group   08 11 2010 11:24:52 +0000
Industry : Retail Chain/LogisticsFunctional Area : Global Business(Strategy & Execution)
Activity:  62 views;  last activity : 08 31 2010 14:49:18 +0000

Daily we are seeing news like why there is no 100% FDI in Multi-brand retail, there are many who are opposing like there should be no 100% FDI as it will affect Indian retailers a lot, but are we only seeing the affects of 100% FDI in multi-brand retail, there might be really good things happening if it is allowed. So, I would like to ask professionals on the platform like, Daily we are seeing news like why there is no 100% FDI in Multi-brand retail, there are many who are opposing like there should be no 100% FDI as it will affect Indian retailers a lot, but are we only seeing the affects of 100% FDI in multi-brand retail, there might be really good things happening if it is allowed.

So, I would like to ask professionals on the platform like what will happen if Government allows 100% FDI in Multi-brand retail??

 
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1 2 3 4 5
1 It will create more jobs & a strong infrastructure
2 100% FDI will keep the economic pace of development.
3 It can easily control the inflation
4 should watch the dark side of wall mart
5 Allowing 100% FDI may have ill consequences
6 It will make sence ......
7 Is the government able to risk losing a vote bank
8 CONSUMER WILL BENEFIT

It will create more jobs & a strong infrastructure

idea posted by Sheetal Jadhav Sales/BD Manager, Future Group

I think by allowing 100% FDI in Multi-brand retail it will create more number of jobs and will also create a strong retail infrastructure in India, it will give shape in an organized way as everything is unorganized here in India, so any cap or restriction on FDI in this sector may result in potential loss of opportunities and avenues of inclusive growth of the retail sector.

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by Anuj Gupta, MBA/PGDM student, CIMSR  | 08 31 2010 14:49:18 +0000

I agree with u Sheetal but we should try to side of the coin too i.e. what about the intermediaries of the retail market and people employed by them because as soon as these big retailers enter in Indian market, to reduce the cost they will certainly try to minimize the role of these intermediaries which will ultimately put impact on these intermediaries and there employees. This will adversely affect the national growth.

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by sanjay kumar mangal, IT , TATA Group Co.  | 08 14 2010 18:01:35 +0000

yes sheetal i agreed that it will create more jobs & a strong infrastructure and help to organise the un-organised retail sector. but at the same time 100% FDI may have some negative affects also, so govt. has to be very careful while allowing it. there is hurry.

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by Rajesh Talreja, Retail Store Manager, THE IT STORE  | 08 13 2010 11:45:05 +0000

I think allowing FDI will be postively accepted when allowed in an organised way. Allowing FDI is not an end of the story but govt. should make sure that it is accepted in the interest & profitable of our country.

FDI being 100% is not an easy task for allowing specially for our country's govt. since, unemployment is an agenda which needs to be solved by using this instrument (FDI).

It will boost our economy & will able to provide employment but govt. has to be confident while allowing as it should be able to create such infrastructure which can solve our indian economy's vicious circle-----Poverty--Illiterate--Unemployment. 

 

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100% FDI will keep the economic pace of development.

idea posted by Mohammad Bakhsh Consultant(Civil), Rail Vikas Nigam Limited

There is no harm in allowing 100% FDI.It will expand the market and opens up new opportunity and choices for the consumers.It will set the economy on fast track.

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by Mohammad Bakhsh, Consultant(Civil), Rail Vikas Nigam Limited  | 08 12 2010 09:13:31 +0000

Allowing 100% FDI is in multi-brand retail.This segment gets hardly dried up.So no need to worry about National Interest.

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It can easily control the inflation

idea posted by Jayant Vishnu Art Director/Sr Art Director, Creative

FDI in multi-brand retail will help in controlling the inflation rate by offering more competitive and rationalised prices of products to consumers and reduction of wastage across India's farm-to-fork supply chain.

Inflation in India is hovering at about 10 per cent. FDI in mulit-brand retail with improved supply chain and logistics will enable retailers to enhance overall competitiveness, decrease the prices offered to consumers and reduce wastage.

 

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should watch the dark side of wall mart

idea posted by dipanjan ghosh Asst. Manager/Manager -(NonTechnical), federal bank ltd

for those supporting the 100% fdi idea, i think you should check out the documentary on wal mart...how it destroyed all small kiranas.Definatly you will be getting cheap products at the coast of quality.all i m saying that competition  is always welcome but it should have a win win solution for all ....

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Allowing 100% FDI may have ill consequences

idea posted by Srinivas suravajhala Asst. Manager.

Allowing 100% Foreign Direct Investment looks good for many reasons.  When we look at the dark side, ramifications are dangerous in the interest of economy of the country.  They pup money into the country when the economy is doing well.  Once the situation is on negative side, they tend to take back entire investments, the economy will collapse further.  Non-competitive Indian Multi-brand retailers may succumb and their revival would be difficult.  National interests should be upheld

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It will make sence ......

idea posted by NAGARAJAN THAMOTHARAN Project - Coordinator, JACOB INSPECTION SERVICES PVT LTD
Make it As soon as possible.
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Is the government able to risk losing a vote bank

idea posted by Amritash Agrawalla Director(Personnel & Procurement), Agya Boortmalt P Ltd.
Looka t Reliance Fresh in Noida.It openend.Noida folk breathed a sigh of relief as there are no proper fruit/veg markets allocated as in DDA markets.Residents have to rely on the local police's whim whether carts in their sector are allowed on a particular day or some senior official is visiting so they forgo their daily bribes!! Who suffers.Local buyers!! So can we really expect this government to unilaterally allow FDI in retail when it cannot even decide on allowing an Indian Brand!
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CONSUMER WILL BENEFIT

idea posted by s.baalu Consultant, XYZ LTD

IT WILL RESULT IN BENEFITING THE ULTIMATE CONSUMER  OF COURSE,UPPER INCOME GROUP,BY GIVING A WIDE VARIETY TO CHOOSE INCLUDING BRANDS WHICH ARE NOT FREELY AVAILABLE NOW.

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