Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

FDI in Multi-brand Retail Sector - A Study Regarding Indian Context


Affiliations
1 Department of Commerce AHIR College, Rewari
     

   Subscribe/Renew Journal


Allowing FDI in multi brand retailing has recently generated tremendous euphoria for some and fear for others. It is based on the notion that it will open floodgates for foreign retailers to invest and will change the retail landscape forever in India. When India is the only country in the world where the top five business houses with market caps running into trillions are into retail business, this issue becomes much more interesting. Most retailers in other countries do not feature even in the top 10 large firms. Also the evidence of last 20 years of globalization by retailers shows that there is no such case of domination of foreign retailers wherever markets for global retailers have opened up. The Govt. of India was forced to put on hold FDI in multi-brand retail by several political parties. The problem arises whether opening up of FDI in multi-brand retail will create problems or provide opportunities for local retailers. Foreign direct investment in multi-brand retail will start a better integration of Indian economy into the global markets.
This study examines the prospects of FDI in multi-brand retail in India. This paper firstly speaks about the concept of multi-brand retail in India. The second part shows the current status of FDI in multi brand retailing in India. The third part shoes the benefits receive d by various partied from FDI in multi brand retailing. The last part overviews the two faces of retail sector - Challenges and some criticisms.

Keywords

Retail, Multi-brand, FDI, MNCs, Retailers etc
Subscription Login to verify subscription
User
Notifications
Font Size


  • Dr. Khan & Ahamed, (2011), Foreign Direct Investment in India: Challenges and Opportunities in Multi-brand Retail Sector, International Journal Of Research In Commerce And Management, 2(1), pp 97-98.
  • DIPP Discussion Paper on FDI in Retail in India 2010.
  • FDI in Retail – An idea whose time has come, Images Retail, July 2011, pp 62-63.
  • FDI in India's Retail Sector More Bad than Good? - By Mohan Guruswamy, Kamal Sharma, Jeevan Prakash Mohanty, Thomas J. Korah, CPAS- Centre for Policy Alternatives.
  • FDI in retail: More benefits than costs by Alok Ray, The Hindu Business Line, and November 2005.
  • FDI in Retail Sector India by Arpita Mukherjee, Nitisha Patel. Published by Academic Foundation in association with The Indian Council for Research on International Economic Relations (ICRIER).
  • FDI in Multi-brand Retail: The Next Big Thing in Reforms, but Roadblocks Persist: India Knowledge@Wharton
  • Foreign Direct Investment in Indian Retail Sector – An Analysis: Pulkit Agarwal, Isha Tyagi
  • FDI in Retailing – Is it the need of the hour: L.Dhamayanthi, S.Pradeep Kumar. Govt. should open up FDI in multi-brand retail: Montek, The Economic Times, and December, 2010.
  • India among top nations to offer strong retail potential: PwC study, The Hindu Business Line, October 2005.
  • Indian Retail Sector - A primer by Nitin Mehrotra, Published by ICFAI University Press, First Edition.
  • Mukherjee & Patel, FDI in retail sector, India, Dept. of Consumer Affairs, Indian Council for Research on International Economic Relations.
  • Official Website of Department of Industrial Policy and Promotion, Ministry of Commerce and Industry http://www.dipp.nic.in/fdi_statistics/india_fdi_index.htm.
  • Retail in India. A Critical Assessment by Mathew Joseph and Nirupama Soundararajan - Published by Academic Foundation in association with ICRIER.
  • The Department of Industrial Policy and Promotion - Subject: Issue of discussion paper on Foreign Direct Investment (FDI) in Multi-Brand Retail Trading.

Abstract Views: 97

PDF Views: 0




  • FDI in Multi-brand Retail Sector - A Study Regarding Indian Context

Abstract Views: 97  |  PDF Views: 0

Authors

Vikram Singh
Department of Commerce AHIR College, Rewari

Abstract


Allowing FDI in multi brand retailing has recently generated tremendous euphoria for some and fear for others. It is based on the notion that it will open floodgates for foreign retailers to invest and will change the retail landscape forever in India. When India is the only country in the world where the top five business houses with market caps running into trillions are into retail business, this issue becomes much more interesting. Most retailers in other countries do not feature even in the top 10 large firms. Also the evidence of last 20 years of globalization by retailers shows that there is no such case of domination of foreign retailers wherever markets for global retailers have opened up. The Govt. of India was forced to put on hold FDI in multi-brand retail by several political parties. The problem arises whether opening up of FDI in multi-brand retail will create problems or provide opportunities for local retailers. Foreign direct investment in multi-brand retail will start a better integration of Indian economy into the global markets.
This study examines the prospects of FDI in multi-brand retail in India. This paper firstly speaks about the concept of multi-brand retail in India. The second part shows the current status of FDI in multi brand retailing in India. The third part shoes the benefits receive d by various partied from FDI in multi brand retailing. The last part overviews the two faces of retail sector - Challenges and some criticisms.

Keywords


Retail, Multi-brand, FDI, MNCs, Retailers etc

References