Role of FDI in Indian Retail Business
International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
www.ijsr.net | Open Access | Fully Refereed | Peer Reviewed International Journal

ISSN: 2319-7064


Amazon Sale


Informative Article | Economics | India | Volume 3 Issue 8, August 2014

Role of FDI in Indian Retail Business

Dr. Veena Sharma

Role of FDI in Indian Retail Business Dr. Veena Sharma Associate Professor (Economics) RRMK Arya Mahila Mahavidyalya Pathankot Email: veenamandar@gmail.com Mobile: +91-9915196342 Liberalization Globalisation Privatisation have brought in radical changes in the Indian Retail markets. Retail Business is a global concept nowadays. Retail business grew between 25 - 30 percent in India and 13 percent in fast growing economies China and Russia. India is more attractive than ever to global retailers. India's economic growth, was 8 percent. With the increase in the purchasing power of the people the retail business is sure to flourish Retailing in India is one of the pillars of its economy and accounts for 14 to 15 percent of its G D P. The Indian retail market is estimated to be US dollars 450 billion and one of the top five retail markets in the world by economic value. India is one of the fastest growing retail market in the world, with 1.2 billion people. In January 2012, India approved reforms for single-brand stores welcoming anyone in the world to innovate in Indian retail market with 100% ownership, but imposed the requirement that the single brand retailer source 30 percent of its goods from . The government allowed 51% foreign investment in multi-brand retail, relaxed FDI norms for civil aviation and broadcasting sectors and FDI cap in Broadcasting was raised to 74% from 49% and allowed foreign investment in power exchanges in September ,Oct 2012.The growing affluence of India?s consuming class, the emergence of the new breed of entrepreneurs and a flood of imported products in the food and grocery space, has driven the current retail boom in the domestic market

Keywords: Concept, agrarian retail, major concerns, factors, benifits, co-operative retail

Edition: Volume 3 Issue 8, August 2014

Pages: 913 - 915

Share this Article

How to Cite this Article?

Dr. Veena Sharma, "Role of FDI in Indian Retail Business", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=2015568, Volume 3 Issue 8, August 2014, 913 - 915

66 PDF Views | 64 PDF Downloads

Download Article PDF


Amazon Sale


Similar Articles with Keyword 'Concept'

Research Paper, Economics, China, Volume 5 Issue 12, December 2016

Pages: 863 - 867

An Empirical Analysis of a Settlement Currency in the "Silk Road Economic Belt"

Xiaobing Jiang; Ya'nan Li

Share this Article

Research Paper, Economics, Ethiopia, Volume 9 Issue 8, August 2020

Pages: 1505 - 1513

An Analysis of Urban Households Poverty and Forecasting its Average Exit Time: The Case of Selected Towns in Southern Ethiopia

Mesfin Menza, Afework Berhanu, Melkamu Mada

Share this Article

Comparative Studies, Economics, Turkey, Volume 9 Issue 8, August 2020

Pages: 712 - 722

An Investigation on the Social Economic Environmental Dimensions of Sustainability Efforts Logistics Managers in Turkey

Selminaz ADIGUZEL

Share this Article

Research Paper, Economics, India, Volume 9 Issue 8, August 2020

Pages: 434 - 440

Carbon Trading Practices in India - A Conceptual Study

Amit Kumar Yadav, Anjali

Share this Article

Case Studies, Economics, Tanzania, Volume 5 Issue 8, August 2016

Pages: 1694 - 1697

The Non-Tariff Barriers and Impacts on Trade Performance in Tanzania: A Case of Selected Check-Points

Silla, Beatus.S

Share this Article

Similar Articles with Keyword 'factors'

Research Paper, Economics, Nigeria, Volume 3 Issue 11, November 2014

Pages: 1739 - 1741

Determinants of Income from Small Scale Cassava Processing Activities in Ogo Oluwa Local Government Area, Ogbomoso of Oyo State

Adio M. O., Ajetunmobi O. A

Share this Article

Research Proposals or Synopsis, Economics, Malaysia, Volume 4 Issue 9, September 2015

Pages: 1947 - 1955

Testing the Impact of the Central Bank's Support for the Experience of Converting the Conventional Banks into Islamic in Libya Multiple-Groups Analysis Using Structural Equation Modeling

Marai .A .D Abdalla; Muhammad Ridhwan Aziz; Fuadah Johari

Share this Article

Research Paper, Economics, China, Volume 6 Issue 8, August 2017

Pages: 1291 - 1295

The Influence of Supply-Side Factors on the Upgrading of China's Industrial Structure

Juan Shang, Yao Tong

Share this Article

Research Paper, Economics, China, Volume 7 Issue 8, August 2018

Pages: 1637 - 1645

An Empirical Study on the Influencing Factors of Residents' Consumption Level in China-Take Shanghai as an Example

Yaoqun Zheng, Yaping Li

Share this Article

Research Paper, Economics, Vietnam, Volume 9 Issue 8, August 2020

Pages: 474 - 480

Factors Affecting Business Performance of Small and Medium-Sized Enterprises in Ho Chi Minh City, Viet Nam

Truong Thi Ngan

Share this Article
Top