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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In my view, FDI in retail will be useful and beneficial for the indian economy in many ways which are as follows.
1. Middle men will not be there as the farmers will be able to go directly to big retail houses and ultimately they will earn more profit.
2. FDI will ultimately create a number of employment opportunities for the people.
3. Foreign retail chains will come and invest in Indian market which will be very beneficial for the Indian Economy.
There are many myths regarding the FDI. I would like to clear some of those.
1. We observe that in a single small kirana store maximum 2 people are employed while big houses will present much more opportunities. So there will not be any reduction in employment.
2. As big retail houses are already present in India why would FDI effect the economy?
3.Many market professionals are claming that the country will be flooded with cheaper products from other countries and will effect the home production. Country will not be flooded with foreign material as the large scale import is not possible in the country like India. For example The life style and eating habits are entirely different of a south indian as compared to a north indian. So because of varying needs of people large scale import in not possible.
At last I would like to conclude that FDI in retail will be benefecial for the common men as well as the indian economy.
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,
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 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.
FDI in retail would only render about 50 lakh people out of employment chain.These are the people who are middle men and are mostly responsible for poor condition of farmers.They pay less to the farmer and at same time earn a huge commission.
Big giants such as Walmart has a business model where they directly take the product from company or farmers and trade it at a less price, thereby reducing the intervention of middlemen. This, in case of India is of vital importance where almost 58% of our population is indulged in agricultural activities.They would be able to fetch good price of there yield as well as new technology would allow them to increase the yield.
e-choupal from ITC has been very successful,also pepsico has taken field for potatoes in gujrat for there chips division. Thus farmer is provided a confirm amount and newer tech.
Also at consumer end we`ll be able to get it at a lesser rate. With govt. unable to curb there subsidy burden, these companies would definitely benefit.
Small shop owner won`t be affected as they can provide door to door services and relation based market still persist in India.
FDI boon or bane??? big issue but sitting in your chairs judging it is no wise man’s job. Lets reflect on the status quo of India, the country boasts of a strong economy,because of its conservative approach till now.
But FDI in retail and FDI in all other sectors ropes in big players from all over the world,increasing competion for our homegrown retail industry. With small shops feeling the heat of this ,it is diverting our own people to a dungeon that seems far from recoverable. The cash strapped big players would take over all, and the state now perhaps is somewhat like what happened when it was the advent of “EAST INDIA CO” for trade..i’e’ you lose your sovereignity and be under the shoes of big foriegn players. A developing economy for me can only thrive and grow if it is home grown and not infested by foriegn investments.
In my opinion,Foreign Direct Investment is good for India. It allows more and more opportunities in India and it gives more better product. If it will be stopped will lead to many loss in the working sector and employment of indian people in the country.The infrastructure is good and large amount of money is invested !!!!
It will lead to reduce the severe problem i.e. Unemployment.Our country , India is developing country , not developed country. We need some efforts so that we can also come forward along with the leading world.
On the other hand, if we look for future condition,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.
AS FAR AS I AM CONCERN FORIEGN DIRECT INVESTMENT IS A BANE FOR OUR INDIAN ECONOMY BECAUSE BY THIS BRITISHERS WILL AGAIN RULE OVER IN INDIA AND IT HAVE LOTS OF DISADVANTAGE LIKE-
1)IT EFFECTS ON RETAILER BUSINESSMEN.
2) WE ARE AGAIN BECOMING SLAVE.
AS WE ALL KNOW THAT GOVERENMENT PASS THIS 51% IN MULTI RETAIL MARKET AND IT GET EFFECTS IN RETAIL MARKET. MANY PERSON ARE OPPOSING THIS LIKE MAMTA BANERJEE .
SO IN MY OPINION GOVERENMENT SHOULD BE PONDER OVER IT.
AS FAR AS I AM CONCERN FORIEGN DIRECT INVESTMENT IS A BANE FOR OUR INDIAN ECONOMY BECAUSE BY THIS BRITISHERS WILL AGAIN RULE OVER IN INDIA AND IT HAVE LOTS OF DISADVANTAGE LIKE-
1)IT EFFECTS ON RETAILER BUSINESSMEN.
2) WE ARE AGAIN BECOMING SLAVE.
AS WE ALL KNOW THAT GOVERENMENT PASS THIS 51% IN MULTI RETAIL MARKET AND IT GET EFFECTS IN RETAIL MARKET. MANY PERSON ARE OPPOSING THIS LIKE MAMTA BANERJEE .
AS WE KNOW INDIA IS A DEVELOPING COUNTRY AND OUR GROWTH IS INCREASING NOT DECREASING.
SO IN MY OPINION GOVERENMENT SHOULD BE PONDER OVER IT.
Foreign Direct Investment allows more and more opportunities in India and it gives more better product.
The infrastructure is good and large amount of money is invested it creates profit in case of import and export. Products are more advanced and creates more employment opprtunities .so i think that FDI (Foreign Direct Investment) must allow.
i would say FDI in retail is not good for India as this would create a sudden unemployment of 25 lakh people which can result in crimes and protests and also the revolt against the government. Government says that farmers would be benefited but i would say that this government is not uplifting the farmers then how could they assure that FDI would uplift the farmers, as we cannot trust the people from outside and also how we can assume this that these politicians would not play politics when the Foreign companies do something bad to our farmers.
as we know that fdi is foreign direct investment which iis in pure retailing is not permitted under indian economy because to develop our countrol the country’s economy very carefully.
As we know that india is developing country so fdi in india must be promoted and it can affect the economy of country.
as for fdi is concerned with walmart so in india
government shouuld have to manage something like walmart so that our economy should be saved and increased.it should be managed and well organised.if government is wasting rs.1000 for country then it should be dealt the management of that investment that how much prifit we are getting from that investment .
We engage millions of uneducated and semi-educated people at various stages of retail business spread across towns and cities but we are afraid that Tesco and Wal-Mart will only engage smart and educated workforce in small strength, comparatively.
FDI in retail sectors seems to be good in India. It will increase India’s economy.
As a coin has two sides, FDI will also harm the lower private sectors in India.
But as we look at the big picture, FDI will also provide employment and generate new opportunities for young India.
Things will be easy to purchase and will be cheap. Inflation will be in control up to large extent. But we have to take into account that FDI should not take over the whole India market.
FDI is a kind of risk that India is heading towards. Hope it proves good for us
why FDI in retail ???? why not in infrastructuere and rular developement ?????
this is main question? i am not oppose the FDI but i oppose FDI in retail because it break the chain between former and retailer .. until china also stopped FDI in retail.
According to me there are two reason………
1—> the total FDI market is 100 lack million rupees in all over the world and it create 50 caror job..
2—> in india our retail market 25l ack million rupees i and it create 25 caror job..
now you compare it…pp…
“It’s always good to see our country on heights ”
but it should also be keep in mind whether the way is correct or not ?
As i think its a bad decision for future concern because if FDI comes in retail sector its degrades the uneducated peoples and as if it entered once in INDIA , then after that we’ll not in a position to make FDI out of India
what ever the promises made by Tesco and Wal-Mart that they will engage uneducated and semi-educated people at various stages of retail business but they will only engage smart and educated workforce in small strength, comparatively.
As in India 65% of business belongs to middle class and lower middle class sector. So for this sector FDI is just an evil, as it will ruin this business class with its arrival in india.. It commit for 60 Lakh jobs for Indians, but it is not possible as in every store there are 60 jobs, so for 60 Lakh jobs there has to be 1Lakh stores, i.e a Wallmart store on every corner of the city, which is fairly not possible and convencible.
So, FDI is not at all fruitful to Indian economy, farmers(as agriculture products rate will go down), and business class.
population is India is very high. and out of which many are underemployed , For inviting the retail company in India, many people get job easily and we can get things and our country can generate enormous money .this will help in strong market and increase in high international trading.
Foreign Direct Investment (FDI) in retail sector has both merits and demerits :
merits :
increase in employment – globalization – vast market for consumer – high cash flow – lowering of interest rates – strong market
demerits :
risk of degradation of small scale retailer – risk on market
in my openion itshould be allow ……because in india unemployment is more than employment .
although there are companies but they donot have vacancies upto a level that india is needed …..
so i thing fdi gives more appotunity for employment and it will ultimately help in economical growth of india ………………
first of all everything has two side. so we have both the advantages and dis advantages when the FDI will come in India.
1) 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.
2) 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.
I am not in the favor of Foreign Direct Investment in retail sector.
first of all talking about the retail sector, the local retailers and the wholesalers will have an negative impact of fdi on them, as any foreign company that will be introduced will provide cheaper goods which will create a imbalance among them which will create a scene of money blockage for them.
talking about farmers i don’t think that government is true in the sense that the farmers will be provided good revenue for their crops or yields as the foreign companies with their increasing majority in the market will force the farmers to reduce the prices of their yeilds. instead as it is known india is one of the largest producers of crops government should motivate farmers to increase their yields and start cold chaisn to store the food.
the govt. should also motivate Indian Coorperates like ambani, tata, birla, etc groups tp increase their retail stores in india which will bring the indian money back to indian economy only…so the money rotation policy will further improve the economy of india…
and remains the point of employment providers..indian companies should be provided govt help and motivation so that they can increase their buisness overseas and creating further employments..
i support FDI in retail,because of main reason is its improve the bed food cycle chain in india ,due to bed food cycle system more and more food like vegitable and cereals and fdi in retail provide a better market in india and provide a more option for indian consumer , now we scare for big retail market like wallmart that they capture all indion market its a illusion because of indian market tradition is diffrent from another here small merchant & small shopkeeper extablish a relation with the consumer ,its provide a thousand of job that is good for youth & and another thing its creats a infrasturcher so starting of the poor worker get a more job ,its creat profit in case of export and import
.Even if big retail companies help the farmers in resurrecting their economy,what plan does the government has for millions of middlemen who are part of the business process chain that ensures manufactured products reach end users.and i think this is risky reform but its good for india similar 1991 reform
i am not satisfied for involved the fdi in india country. because if other country are enter in our country. then we shall not do business according to our self. india is a our mother country. and we live according to our india rites. our country have been mostly develop comparison to before past time. if we want to increse our strength in our country. then we should stop fdi for enter in our country. our govt invested 1000 crore of funds. one sided i think it may be good for india . because whose facility are not giving by our country . may be when our other country give more facility and many opportunity for our country. many types of jobs and export and import transportation business may be better for our country.
•Our interest rates today are as high as 14 per cent to 16 per cent how do we compete with the economies which have a 4 per cent interest rate. Our infrastructure our trade facilitations our labor laws, all these factors collectively don’t make India low cost. So do you want India to become a center where we allow foreign companies to come in and set up these large chains which eventually instead of selling domestic products out sourcing internationally the cheapest sources and selling those products. Please remember domestic retail normally sources domestically, international retail sources internationally because they source from the cheapest sources.
•Even if big retail companies help the farmers in resurrecting their economy, what plan does the government has for millions of middlemen who are part of the business process chain that ensures manufactured products reach end users.
•We engage millions of uneducated and semi-educated people at various stages of retail business spread across towns and cities but we are afraid that Tesco and Wal-Mart will only engage smart and educated workforce in small strength, comparatively.
The situation of Indian economy is running through a bad phase. The FDI in retail can help us to revive the dropping inflation and also the economy. The FDI can play the most vital role in the development of Retail sector also in the real state. The FDI can help to boost the various activities as it had been seen that the private sector performs very well as compared to the ruling government’ operations.
the things are appearing good but I am not not sure that they will sustain in the long run..As we can see that the countries like America are requesting people to stop purchasing from foreign market but as a developing country we are entering into this..I don’t think its going to do any wonders for the country as most of us think…….
FDI is a risk taking part for the Indian economy. As India is a developing country, for some time foreign investment robustly increases local productivity growth at a time and at a same time demoralize the local companies where government can invest to increase the local productivity and create more employment by itself.
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
India is not in a great situation where the Indian economy is still going down
no one ready to invest in this situation, they can keep their money but in our government concern it is not possible, side by side the price of the Gold is also increased.
for rectifying the economy situation and to raise the employment India has to take a calculated risk
So i support for FDI because such huge populated country like India cannot be satisfied by a single agency and by FDI the export will also increase considerably
I think Foreign Direct Investment is not at all bad, Its rather better because it creates profit in case of import and export. Products are more advanced and creates more employment opprtunities .
yes of course it is good for India. FDI allows more and more opportunities in India and it gives more better product. If it will be stopped will lead to many loss in the working sector and employment of indian people in the country.The infrastructure is good and large amount of money is invested !!!!