International Journal of Applied Research
Vol. 1, Issue 3, Part C (2015)
Role and challenges of FDI in retail in India
Retailing is India's major occupation. Retailing is the largest private industry in India. Retail consists of the sale of Physical goods or merchandise from a fixed location such as a department store, boutique or Kiosk, or by Mall, in small or individual lots for direct consumption by the purchaser. Purchaser may be individual or businesses. A retailer' buy goods or products in large quantities from manufacturer or wholesaler and sells smaller quantities to end users. India is the one of the most appealing investment area for domestic as well as foreign investors because of the growth in Indian Market, Rise in purchasing power, growing consumerism etc. The composition and types of FDI has changed since liberation. Now FDI has changed since liberisation. Now FDI has become a integral part of India's growth. FDI plays important role in growth of economic by expanding the market through reducing transaction and transformation cost, by providing employment and development of infrastructure etc. There are mixed response (positives and negatives) about FDI. Despite its positive efforts on economy there are negative effects also like as FDI is harmful to local retailers, creates unhealthy competition and job loss in the economy. This paper focus on the importance of FDI and the major challenges that it faces.
How to cite this article:
SK Monga. Role and challenges of FDI in retail in India. Int J Appl Res 2015;1(3):114-116.