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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I think FDI is good for developing countries as India. FDI is gives opportunity to increases Indian economy rate. I think everything has two aspects one is good ,and second is bad. But FDI is more good for India.
First i want to focus on advantages ofFDI when its came in India.
1.The consumer are got product on very cheaper price.
2.Quality of product will be increases.
3.Consumers have lot of choice on very low cost.
4,Our supply chain will be increases.
And their are so many advantages.
Disadvantages of FDI.
1.IT is direct effect to the small retailer.
2.They take money India to own country
fdi is good for short run plan but will be harmfull for long run as foreign investors through their monopoly power try to compress the indian market. the entry of fdi sector in india is inevitable.the recent cabinet decisionon fdi in retail has triggered protests by opposition.but they are good also for india.
bring modern technology,improve rural infrastructure etc,.
today’s scenario India need foreign investment because it help to increase our GDP and stable our economy also that’s by Government’s decision to allow FDI in multi-brand retail will help increase productivity and ensure an efficient food grain distribution network to tackle high food prices.the country’s economy towards a strong growth momentum.
due to very inflation, the cost of all goods have increased to a peak point . so government is bringing FDI in india. when foreigh direct investment will get established in india then all the small scale industries of india will get closed because good will be of low cost.
the foreign direct investment is good for only small periods of time because after 10 or 15 year of investment they can increase the cost again to the peak level.at that time all the small scale industries were closed so there will be no option.
if there will be any contract of not increasing the prices too much , and if they stop providing items then tjhere will be no option. the government cannot established industries at that point of time.
so according to me fdi is good for only small periods of time. many people will get unemployed due to the fdi.
Everything in this world has its prons and cons To my mind, the FDI in retail has more advantages than its disadvantages.FDI in retailis providing a chance to the farmers a choice of having a good source of good income and the profit of the farmers can be increased through this FDI.The brokers in the retail field are sucking the profits of the farmers ,they do not care about them.By having the FDI the MNC’s will provide them good facilities.There may some factsrelated to the disadvantages that when these MNC’s will come they will rule over the farmers.Yes, it may be possible but we can control it by having a good government control on it.
according to me fi is good for us because it can give additional chance to farmer to sale there products . It also reduce mediator’srole who increase the cost of products.
In my opinion FDI in retail is not favorable for our country. FDI will let the Indian trading markets down and might cause a severe damage to the business of small vendors.
On this issue BJP leader Sushma Swaraj while addressing the speaker also quoted in Lok sabha that FDI in retail is a curse to our country . It is even sometimes compared with the type of pattern that the English East India Company followed for the trade in India and then captured almost entire country under the British Rule.
I strongly oppose FDI, because we already lost our country in the past by allowing other countries to enter into India, and again we are repeating the same mistake. By allowing some global retail companies like wallmart and Tesco, Indian Government needs to invest a large amount to establish them in India, and the entire money will be the public money for such investment.
Indians are good skilled workers . If they work hard and cultivate their own crops the profit margin will entirely stay in India and no other power could rule over us. So, I suggest any such kind of policy is not a good move for the Indian global markets.
Yes I AGREE with FDI in retail sector in INDIA.
1. I think that the intermediate will reduced definitely so that Indian farmer can supply raw material in the market.
2. More stores will open in INDIA then it will generates more employment for young generation
3. Indian farmer get good price much better than local Indian market.
4. Proper utilization of raw material.
5. Less chances of corruption.
6. Good service provided to customers.
7. Black money can not covered under the taxes.
8. Proper system will formed.
9. Touch with world.
10. Aware with new foreign technology.
I agree that FDI (Foreign Direct Investment ) in retail sector good for India.
Because i think that it creates profit in case of import and export. Products are more advanced and creates more employment opportunities .
FDI allows so many opportunities to India to provide a better product to the consumers.
If it is stopped then it create a big loss to Indian Economy as it directly affect the public sector and to the common people.
I think that FDI provides better services.
India a huge consumer and thus very nice place for trading of its loose foreign trading policy. We can use foreign items to increase the living of India. By better policies Indian Economy can be improved. But it should be in controlled way, it means that it should be done only that much so that it is useful for our Indian Economy. But in case it affect our economy then it should not be accepted.
The only aim of FDI is to increase the Indian Economy and provide more and better services to the consumers.
As India is a developing country so the methods like FDI for increasing its economy should be accepted and should be used by the government.
F.D.I.
I am totally disagree with Foreign direct investment because first that should be applied on to the agriculture and there are so many field that and undeveloped in India so first they should we developed in India the F.D.I should apply in stores so that the peoples gets benefits through the F.D.I. then that in more good for Indians……………….
Foreign Direct Investment (FDI) is a direct investment of foreign country in our country. Foreign country can either establish a company in our country or can expand business.
I am not in favour of Foreign Direct Investment (FDI) . Here I would like to quote an example : 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.
If we Indians can cultivate wheat and rice in our country in a good amount (as agriculture is the occupation of most of the people) then why trade with the foreigners and give them a huge amount for these grains. Because of FDI our farmers are suffering.
In FDI scenario, a broker comes in middle as a mediator and deals with the farmers. They take huge amounts from the farmers and create a very wilthy situation for them.
In my view, Foreign Direct Investment in retail sector is not good for India. India is a country most of whose income comes from grocery shops , vendors and all. If FDI comes into retail sector then many of the shopkeepers , green grocers, other grocers will have to wash hands from their work and then many of the Indian mainly of the lower middle class will not be able to earn and survive.
On the other hand, if FDI is allowed in India then the quality of products would increase.
In my view, FDI can be supported in services, infrastructure but not in retail.
I think we should welcome FDI in our country. It becomes beneficial for the poor people as well as for all by getting good quality things at a cheap rate.
If FDI will come in our country then indian companies will develop good quality products for competing with foreign organisations.This will help in the development of our country.
I think we have to discus each and every aspect for foreign direct investment.Starting with its social aspect i want to say that its not socially beneficial for us because our most of the population are dependent on small business and if fdi will come it will effect them most.On an approx 4 core of Indian family are depend on their small business and if fdi come it will decrease their earnings.
Politically and economically it will beneficial for our country as we get jobs from fdi which will solve our unemployment problem. India as the second most important FDI destination (after China) for transnational corporations during 2010–2012. The sectors that attracted higher inflows were services, telecommunication, construction activities and computer software and hardware.Definatley it will boost our economy.
If we discus about its technical aspect it will again beneficial to us by fdi we come to know about the latest technology used by other countries as well as it increases our living standard. Overall its a win win deal for our country i think our government take right decision by allowing fdi.
First I want to focus on Advantages of FDI when its came to India:.
1. The consumers are got product on very cheaper price.
2. Quality of Product will be increases.
3. FDI promise that they buy 50% of product from the India.
4. FDI said they provide 10 million jobs in next 3 year.
Disadvantage of FDI:
1. It is direct effect to the small retailer. There demand will decrease.
2. They take money India to there own country.
From my point of view, I shall suggest that FDI has both good as well as bad effects on retailers.
But recently there has been many oppose for setting up this. Let me ask you, why can’t we allow foreign direct investment? India is still developing country and when some big investors such as Walmart invest on us, why can’t we accept it?. It marks an identity for our nation. I agree that we Indians can set up similar more companies like Walmart. We have the money power to do it. But has it created any identity?. Lets try bringing up India forward.
At the same time I totally do not encourage FDI. But with efficient government handling with some limitation policies they can set up. I think that will be a good idea!
I strongly oppose with this concept, because 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.
If foregin direct investment will come in our india , it will be affected on small shop keepers.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.
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
Well i think that “Foreign Direct Investment (FDI)” in retail sector is definately good for India’s development ,but this development will be because of the foreign countries.What about our country people.We need to think in a broader way,because if FDI will replace our indian markets,then what will the farmers do?
India is right now not a very rich country and the only means of earning for farmers is by farming or small markets.
We need to work hard a lot to make indian economy develop,but not by
the “Foreign Direct Investment”.We should question ourselves that
aren’t we capable enough to make it “Indian Direct Investment” for other countries?.
Our educational system is already very good and the government is opening schools for the poor people and the people who live in villages where their is lack of good schools.
Hence i emphasise on working hard and making the country develop by “WE INDIANS”.
I strongly oppose with this concept, because 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.
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
As per my perception it is not so good for India, apart from providing goods at low cost and providing employment, it will also worse the wealth condition of daily earning people. There is FDI on agriculture, aviation, mining etc. where it is needed the most. The firms like Walmart also does not have appreciative records as these firms have not performed up to there promises and thus could not help in county’s improvement.
Yes I strongly support this statement. There is the opportunity for us to obtain high quality products and good infrastructure.As large amount is invested ,thus I feel that everyone of us must focus upon the benefits so obtained.
i think FDI is quite better because as we have seen the suicide rates of farmers it is increasing day by day because their raw product could not get appropriate rates and thats why they are unable to pay loans which they have taken regarding farming….
If FDi is there than farmers can directly deal with the companies and so that they will get gud price as compare in the presence of middle man.
yes FDI is a risk taking part for the Indian economy but sometimes better things are come with risk..
Off course FDI is good for India, they will provide more opportunities for creating a new product. If the FDI comes then we will not able to do barging, the rates of all products will be same for all peoples. If the FDI comes then job vacancies are also come in India. We can get products at any time 24*7 from the FDI companies, so this is my thought about the FDI, I think FDI is good for India…,
yes foreign direct investment is good for the our country because through the FDI foreign currency will come into the our country and our growth rate will increase. through the FDI directly any other country can invest in india which give a lot of foreign currency so according to me the FDI is should come in the india and we have to do a warm welcome of the FDI in india. and through the FDI it provide a lot of job opportinuity for the our indian people, so the FDI should come into this country.
I totally against to FDI. India is a developing country and it is a huge consumer so it is not good that we adopt the FDI system.
Due to FDI, most of the enployment are spread all over the country and markets of india goes down.
So, FDI is a risking part for the Indian economy.
As we come to know that the developed countries like America are requesting people to stop purchasing goods from foreign market. so it is very terrible to our country as our country is a develpoing country.
so it is our duty and we should promote the goods of india to increse our economy.
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 it is good for india.Foreign direct investment (FDI) allows more opportunities for import and export business in india.In this way, products become more advanced and usable for peoples in good manner .