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VOL. 4, ISSUE 1 (2022)
FDI in Indian retail sector: Challenges and opportunities
Authors
Dr. Shambhu Kumar Gupta
Abstract
Foreign Direct Investment (FDI) plays a vital role in economic
development e.g. increasing purchasing power of people, improvement in
infrastructure, and brand proliferation with increasing awareness of consumers.
FDI in retail in India has always been a contentious issue. The government has
been progressively liberalising the retail sector in India for foreign direct
investment. The last major move came in 2012 when 100% FDI was allowed in
single-brand retail. FDI as an important means to reorganize the production
facilities globally is regarded as an important vehicle for economic
development particularly for developing economies. Indian government promotes
FDI in retail sector by providing up to 51% for single brand segment and 100%
in wholesale segment. It gives an opportunity for the global retail giants to
enter India. In this paper an effort has been made to highlight on retail
industry along with the opportunities of FDI in retail sector and the major
challenges that it faces.
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Pages:67-71
How to cite this article:
Dr. Shambhu Kumar Gupta "FDI in Indian retail sector: Challenges and opportunities". International Journal of Finance and Commerce, Vol 4, Issue 1, 2022, Pages 67-71
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