Is Foreign Direct Investment FDI in retail in India sector good?
Last Updated: Mar 13, 2013
Is FDI in Retail in India good for country
FDI in retail in Inida
I strongly oppose FDI retail in India, because we already lost our country by leaving other countries to enter into our India, again we should not leave our mother country. Indians are having good skill. Indians are worth to set up Indian companies similar to Walmart. Even new technologies can be brought by us people also
FDI is just the mirror of falling Indian trading and administrative system. It is good in present scenario, but could proved ill in long term for the nation.
FDI in retail in Inida
For instance govt has invested 1000 crore of public fund inviting Walmart, what when Walmart fail all the govt investment goes to ashes, instead of govt I will suggest private branded firms would invest money if they are really looking it as a business, and I believe private firms could handle situations in better way as govt always fails.
I support FDI in infrastructure, services and less in retail.
India a huge consumer and thus very attractive place for trading of its loose foreign trading policy. Use nations for bringing technology and stable system with culture in India, but control should be in our hand.
For inviting the retail company like Walmart in India, Indian govt need to invest thousand of crores to let them in India, the govt will only use the public money for such investment. We hardly bother about our takes that we are paying to govt and how govt is misusing this,
For instance govt has invested 1000 crore of public fund inviting Walmart, what when Walmart fail all the govt investment goes to ashes, instead of govt I will suggest private branded firms would invest money if they are really looking it as a business, and I believe private firms could handle situations in better way as govt always fails.
Secondly FDI in retail in India is always preferred by the developed countries to increase their productivity not by developing countries, our politicians political bill is limited to get money only and nothing else, so FDI is not good for the time being, India again retain its credibility and stood on his foot, then FDI is good else its just solace to support.
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145 Responses to Is Foreign Direct Investment FDI in retail in India sector good?
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In my opinion FDI should not be allowed Indian markets because of some valid reasons.
1. After span of time, they will became the market regulators and will destruct our economy.
2. As all know about India they know where to invest there so much to do. So they are investing.
3. It will remove the concept called “KIRANA BAZAAR” from the market of country. And about 10% of the population of Indian family basically depends on that.
As from the article above
FDI lets the:-
1.infrastructure development
2.Competition in market
3.increase in jobs
4.promotion of agriculture
but in addition with this FDI in retail will:-
1.hinder the growth of local shopkeeper.
2.after capturing the market there will be a rise in prices
So if our government can support the Indian local shop owners against the ill effects of FDI then the positives of FDI will enhance the Indian economy.
Hello friends even I want to be part of this discussion.
I Strongly opposed FDI in retail sector.
As many of them discussing that FDI is good as it is giving employment opportunities, new technologies, getting good quality at lower prices and many more. Then they must go through the detail experience of the other countries like china, Indonesia and many other where they welcome such opportunities of FDI and had faced many related problems.
FDI will give only sales jobs to Indian youth and made Indians their slave again like in British times. I can’t understand why Indians don’t think that they even have capability of having such technologies by their mind.
One of above candidate was talking that FDI will improve the strength of rupee and will bring Cold storage technology. But I don’t think so.
FDI coming to India doesn’t mean that foreign currency is entering in India. Again their investment will flow from India to their country in terms of Rupee only. That concludes our rupee is becoming more and more weak.
Some of them are just attracting with the attractive features -.
1. Getting good quality with cheaper price.
2. Getting employment opportunity.
3. Improving rural infrastructure.
But my dear friends just think before saying.
1. Do you want our India to become sales country which will work for others ?
2. Do you want we depend on others for each and every single thing ?
3. Do you want others to play with INDIA on the name of new new policies like FDI?
4. Do you want no Indians to become entrepreneur ?
So my dear friends please I beg you to go through the experience of other countries where these FDI entered and choke the domestic players and discouraged all their technologies. I really appreciate the china government who had faced these problems and handled it very carefully and Mindy way from this FDI by making their own policy so that FDI can’t harm their country in any economic or any other mean.
Background
After a long discussion between BJP and UPA Government is ready to allow 51% FDI in retail sector .FDI can be defined as ‘one company can invest on physical means such as lands, factories and mines in another company of another country to acquire lasting management interest.
Favour
>FDI helps in the economic development of the host country (where the investment is being made).
>For origin and host countries, FDI provides access to new technologies, products, skills and organizational and management strategies.
>FDI is a boon for the small companies to become more actively involved in international business activities.
>Agriculture related people get good price for their goods as middle men will be eliminated.
Against
>With the FDI in retail sector, small companies and merchants will suffer a lot.
>Technological dependence on foreign technology sources
Conclusion
FDI is good for any country to develop economically and also technologically. FDI in retail sector is good for the country.
Yeah I agree that FDI is good for India if it is implemented properly.
As it will reduce unemployment rate in India by creating a large amount of job vacancies.
It will provide goods at their best cheap prices because of neck cutting competition so to be in the market.
N It will provide benefit to farmers by removing the inter mediators used to bring there stuff to market.
As FDI will be allowed so there will be huge foreign investment so it will develop Indian infrastructure.
Improve n bring new technologies to India.
As well as make rupee strong since there will be more demand of rupee in market. !
So I think that FDI is good but need to be implemented properly n government need to learn how to manage it to keep our economy growing.
As the fate of this policy That it is GOOD OR BAD is in hands of Indian Government And Time
I against FDI in retail.
Because Walmart like companies enter in to the India they only take our profits. Then company pays 5 percent profit only to our nation they enjoy our profits first upon.
Second thing our trader will suffers to this companies.
Third : they only buying our goods and selling to the customers also then finally they buy low price to farmers (heavy amount of goods produced the farmers govt also support to the retail companies for low price).
Then retail companies coming one thing is good they sell with bill (go and search politicians houses there so much block money that’s money can change all things in India. Who against business they only support to FDI retail.
Wall mart giving jobs only 22 lakhs (0.3 per) peoples worldwide population is seven thousand crores. (100 per) and other all big retailing companies only (0.3 per).
Yes I agree to FDI topic, Every one brought up very good point . Some People is fore and some people is against . I am fore this topic.
Yes, FDI is good for Indian economy. Foreign Direct Investment (FDI) is used for good marketing in many country. FDI is most economically power in market, If FDI come in India then easy provided the goods for our purpose and cheapest as compare to retail market. FDI recruit the many jobs, then the unemployed people to employed person.
FDI in retail sector is good for India. Now a days every think grow up . Is helps also Indian people they have now so much space to get job. Now a days many of people going to work Out of India. For FDI they can chance work in India.
FDI bring the new technology in India, which will be very beneficial in country growth, it will lessen the supply chain of product from farmer to consumer.
In my point of view, it will not affect the small retailer, because they maintain the relations with their costumers which will be not done by the Walmart, small retailers also give the whole month ration to their consumers on the credit.
51% FDI in Multics brand retail will improve the infrastructure.
According to me FDI is not at all bad..infact by implementing FDI job oppurtunities will get increase… people will get more job… the quality of product will be good..as for example the countries on which fdi is introduced are much better and are in profit so why not in india even india will also be in profit.
I strongly oppose to FDI, because we already lost our country by leaving other countries to enter into our India, again we should not leave our mother country. Indians are having good skill. Indians are worth to set up Indian companies similar to Walmart. Even new technologies can be brought by us people also
FDI is just the mirror of falling Indian trading and administrative system. It is good in present scenario, but could proved ill in long term for the nation.
For instance govt has invested 1000 crore of public fund inviting Walmart, what when Walmart fail all the govt investment goes to ashes, instead of govt I will suggest private branded firms would invest money if they are really looking it as a business, and I believe private firms could handle situations in better way as govt always fails.
I support FDI in infrastructure, services and less in retail.
India a huge consumer and thus very attractive place for trading of its loose foreign trading policy. Use nations for bringing technology and stable system with culture in India, but control should be in our hand.
For inviting the retail company like Walmart in India, Indian govt need to invest thousand of crores to let them in India, the govt will only use the public money for such investment. We hardly bother about our takes that we are paying to govt and how govt is misusing this,
I strongly oppose to FDI, because we already lost our country by leaving other countries to enter into our India, again we should not leave our mother country. Indians are having good skill. Indians are worth to set up Indian companies similar to Walmart. Even new technologies can be brought by us people also.
I too agree that it creates huge employment opportunities, but we will be depending upon those MNC. FDI will ruin the small scale industries. If they started growing, they may fix their own price thinking they are monopoly in market. We already have some companies in India similar to them. Like TATA, RELIANCE then why can’t we expect such like companies in our future.
Many are saying through FDI, we are able to purchase the good in cheaper price, with good quality. Why our Indians can’t built a company which sells them in cheaper price with good quality. Don’t we have any care our mother land and our people, now through FDI people may see some benefits and but will not good for us and for our country in our future.
actualy friends it is a controversial topic. that fdi in retailer sector is good for india.I am not in favour of Foreign Direct Investment (FDI) . Many years back The East India Company came to India to establish trade relations and steadily captured whole of the country and britishers ruled upon us that too for quiet a long time. After many difficulties India got freedom. Till now, i.e. after 65 years of Independence India is still a developing country not a developed one. Now we can not afford that again.India a huge consumer and thus very attractive place for trading of its loose foreign trading policy. Use nations for bringing technology and stable system with culture in India, but control should be in our hand.
For inviting the retail company like Walmart in India, Indian govt need to invest thousand of crores to let them in India, the govt will only use the public money for such investment. We hardly bother about our takes that we are paying to govt and how govt is misusing this,
For instance govt has invested 1000 crore of public fund inviting Walmart, what when Walmart fail all the govt investment goes to ashes, instead of govt I will suggest private branded firms would invest money if they are really looking it as a business, and I believe private firms could handle situations in better way as govt always fails.Secondly FDI in retail in India is always preferred by the developed countries to increase their productivity not by developing countries, our politicians political bill is limited to get money only and nothing else, so FDI is not good for the time being, India again retain its credibility and stood on his foot, then FDI is good else its just solace to support. have both the advantages and dis advantages when the FDI will come in India.the advantage is enough jobs are available or provided by the FDI to our young Indians , FDI will given a chance for us to show our talent and represent as our self. FDI also help to given a chance who are not too much qualified b’coz FDI has different kinds of jobs.but now,the disadvantages is that , the FDI makes the competitons between indian market and like forigen brands which are contained by wallmart. so the productivity of indian market rapidly goes down and the local shopkeepers business will be affected. so the directluy benefit goes to the FDI not the India.actualy the lower class business man suffers who have put first step in their business and tere numbers are huge in country like india.. so basically i donoy support fdi..
a) At least 30% of the indigenous farm produce will have to be retailed
b) Each FDI-R licensee be given the choice of seven to 10 locations where it can commence its actual retail operations
c) These operating centers will have to be supported by actual infrastructural development of warehouses, cold storage and transportation logistics in identified sources of supply at the produce points
d) The next set of new cities will be after successful performance, a minimum of 18-24 months later, with the same conditions relating to infrastructure development or by expansion of existing ones.
FDI in India is not a wise issue to appreciate.
In fact in my opinion, eating up the bread of many innocent just for the sake of earning few million dollars as foreign trade is not a wise decision.
Indian economy isn’t a runt of the world that would shatter if we don’t have any foreign trade.
It’s a hidden as well as an open secret that the motives behind implementation of FDI in India is for the benefit of the politicians so as to warm up their own pockets.
I m agree to the statement to FDI is good for retail sectors because yhis is the only way to reduce the inflation rate where brokers don’t play any type of role. Company will directly sell our good to customers at cheap rate.
FDI in my opnion its not that we lost our country because of letting others countries in ,it was because of our people who was not having the control foreng investor. it was the history what had happened because of it we can dont let others coutries to be out. there is globalisation every where and we can’t just deny it.
for the development of our coutry we need fdi because it will provide employment to the no. of people.
when in 91 some foreing compnies like mcdonald , dominoz ,airtel,vodafone etc they invested in our coutry which helped in rising of our economy….. so why it will not give rise in economy when it will be in retail…..
TODAY…… we are not struggling with the problem of mal nutrition or education but with the uneployment
so fdi….will be good for us.
FDI in india should not be entertained though it will have after affect benefits…but it will kill the normal or lower class income group peopl’s source of earning…as our country is growing traditionally with small cottage industries,people whose source of income is throgh them only…so FDI will cut there economies directly thereby increasing the rate of unemployment at the same time too…!!!
in my view, FDI in retail sector in INDIA is good , and beneficial for our country. We are opposing it without any valid reason, as most of us gives the reason for unemployment of the farmers and grocery vendors. But we forgot to realize that we are already having FDI in the form of many Indian companies such as Big Bazzer and Reliance fresh etc. these are the companies which also provide the FDI but we do not oppose them , as they are Indian companies. One more Fear of FDI is that local vendors will loose their business, but at the same time we forgot to know that still we like to buy household items from the nearest shop. One more profit of FDI is it increases the competition which improves the quality.
Thus FDI retail is good