Article Details

FDI in Retail: Opportunity and Challenges in Indian Context | Original Article

Vinod Kumar*, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research

ABSTRACT:

FDI is one of the most distinguished factor for financial aid and growth for developing countries. The research paper examines the opportunity and challenges of FDI on India. FDI is considered to be a significant component of development strategy of any country and more so for developing countries. India is a developing country and its market is on the path of growth increasing size and rise in the purchasing power of Indian customers and this has gained the attention of several foreign retailers to the Indian market. Opening up the retail market for FDI has its own advantages and disadvantages. This paper focuses on a brief description of the status of Indian retail industry as of now along with challenges and opportunities which might be faced in case it is decided to open up the entire retail sector for FDI.