Volume : II, Issue : XII, December - 2013

Impact of Foreign Direct Investment in Multi Brand Retailing in India

Dr. Ajay Upadhyay

Abstract :

As government of India said that to allowing 51 per cent FDI in multi-and retail with conditions does not violate India’s international commitments and agreements with any country. An official statement said that opening up of FDI in multi and retail trading is a liberalization measure and remains so with all the conditionality, given the fact that currently FDI in multi-and retail trading is not allowed at all in India, Indian retail industry is one of the sunrise sectors with huge growth potential. According to the Investment Commission of India, the retail sector is expected to grow almost four times its current levels to $1000 billion by 2020. However, in spite of the recent developments in retailing and its immense contribution to the economy, retailing continues to be the least evolved industries and the growth of organized retailing in India has been much slower as compared to rest of the world.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr. Ajay Upadhyay Impact of Foreign Direct Investment in Multi Brand Retailing in India International Journal of Scientific Research, Vol.II, Issue.XII December 2013

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