International Journal of Applied Research
Vol. 2, Issue 6, Part P (2016)
Impact of FDI on retail sector in India
The direct investment in buildings, machinery and equipment is in contrast with making a portfolio investment, which is considered an indirect investment. Big retail chains are actually going to hire a lot of people. So, in the short run, there will be a spurt in jobs. Eventually, there is likely to be a redistribution of jobs with some drying up (like that of middlemen) and some new ones sprouting up. Fears of small shopkeepers getting displaced are vastly exaggerated. When domestic majors were allowed to invest in retail, both supermarket chains and neighbourhood pop-and-mom stores coexisted. It’s not going to be any different when FDI in retail is allowed.
How to cite this article:
Dr. Hem Chandra Jha. Impact of FDI on retail sector in India. Int J Appl Res 2016;2(6):1064-1067.