Download or read book Fine Tuning the Retail Sector in India and the Preconditions for FDI in Retailing written by Anuradha Arthanari and published by . This book was released on 2020 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Promoting organized retail in India was initiated by the Government of India in 2006 by opening up single brand retailing to FDI. The international players are allowed to enter into the Indian retail market through five entry routes Viz., franchising, joint venture, manufacturing, cash and carry wholesale trading and distribution. The value of the retail segment is expected to grow from an estimated INR 22.53 trn in 2012 to INR 27.73 trn by 2016.This paper seeks to discuss about the pros and Cons of “Wal-Mart effect” on the Indian economy by justifying the economic rationale for the need for FDI in retail sector. It also focuses on the externalities and the spillovers that would be experienced in the Indian market due to liberalization of FDI in retail sector and stresses upon certain preconditions that have to be recommended by the DIPP for the smooth functioning of the economy.
Download or read book FDI in Retail Sector India written by Arpita Mukherjee and published by Academic Foundation. This book was released on 2005 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Survey-Based Study Analyses The Current Retail Scenario In India, Investigates The Growth Across Different Segments Of Retailing And Evaluates The Likely Impact Of Allowing Fdi (Foreign Direct Investment) On Various State Holders In Different Retail Segments.
Download or read book Fdi in India s Multi Brand Retail Sector written by Girish K. Nair and published by GRIN Verlag. This book was released on 2011-12 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2011 in the subject Business economics - Trade and Distribution, language: English, abstract: ABSTRACT With US President's visit, Planning Commission has given green signal to FDI in multi brand retailing. Only 51 per cent FDI in single-brand retail is permitted in India. Multi brand retailers were only allowed to operate wholesale outlets. The paper will cover how FDI in retail sector can be introduced, benefits of allowing FDI, how to have control over the global players, and how local retailers can survive in spite of the big players. The retail industry in India is of late often being hailed as one of the sunrise sectors in the economy. Emergence of organized retail sector in India has more to do with increasing purchasing power of buyers and modern supply and logistic management techniques. With a contribution of 14% to the national GDP and employing 7% of the total workforce (only agriculture employs more) in the country, the retail industry is definitely one of the pillars of the Indian economy. Keywords: Foreign Direct Investment, organized retail sector, single-brand retail, globalization, foreign retailers, Ministry of Commerce, Industrial policy and promotion, FDI's issues and prospects. *********
Download or read book FDI in Retail Industry written by Shreyas Santra and published by . This book was released on 2017 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian retail industry is termed as a sunrise sector with huge growth potential. According to the Investment Commission of India, the retail sector is expected to grow almost three times its current levels to $660 billion by 2015. The Ernst & Young's 2012 India Attractiveness Survey says investors view India as an attractive investment destination. The recent change in government policy to allow FDI in Multi-brand retail can be seen as an important reform to revive the economy and mitigate inflation. Yet FDI in retailing remains a widely debated and heated issue in India's rather volatile economic and political environment. From street/cart retailers working on pavements/roadsides and small family run businesses to international brands such as Rolex and Nike, the retail market in India is vibrant, colourful and highly fragmented. According to the non-government organizations, the domestic organized retail sector might not be competitive enough to tackle international players. Many observers are of the view that FDI will drain out the country's share of revenue to foreign countries. Many of the small business owners and workers from other functional areas may lose their jobs, as lots of people are into unorganized retail business such as Kirana stores, paan-beedi shops, weekly haats and bazaars. In this context, the present paper attempts to analyze the advantages and disadvantages of the influx of foreign direct investment in the Indian retail industry. It defines FDI, delves upon the FDI policy of India, provides an overview of the Indian Retail Industry, defines Single-Brand and Multi-Brand Retail Practices Moreover, with the latest move of the government to allow FDI in the multiband retailing sector, the paper analyses the effects of these changes on various stakeholders like farmers and agro-food sector. The researcher has adopted analytical, descriptive and comparative methodology for this paper; reliance has been placed on books, journals, newspapers and online databases.
Download or read book An Economic Analysis of Foreign Direct Investment in Retail Sector in India written by Girish Garg and published by . This book was released on 2014 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: India has been placed at first position in the category of countries with the best opportunity for investment in retail sector. The increasing disposable incomes among the Indian middle class and increasing young population have been cited as the main reasons for such attractive optimism. Retailing in India is one of the pillars of its economy and accounts for 14 to 15 percent of its GDP. The Indian retail market is estimated to be US $450 billion and one of the top five retail markets in the world by economic value. India is one of the fastest growing retail markets in the world, with 1.2 billion people. After months of discussion with various hurdles on 14 September, 2012 the cabinet approved the foreign direct investment in retail in India allowed 100% FDI in Single Brand and 51% FDI in Multiple brand with many preconditions. The minimum FDI limit has been set at $100 million. Half of any investment has to make in infrastructure like cold-storage chains and warehouses. With at least 30% of the goods to be sold will have to source from local producers.On December 5, 2012 in Lok Shaba after long discussion also given approval to FDI in retail as per the cabinet approval with some amendments likes FDI in retail in cities with a population over one million as well as the states of India have the prerogative to accept it and implement it or they can decide to implement it if they so choose. Actual implementation of policy will be within the parameter of state law and regulations.This Research Paper makes a modest attempt of developing an insight as to what are the trends in the Indian Retail Industry and to the benefits and drawbacks of FDI in this sector. It has also focused on whether this policy will be beneficial for the Indian Economy as a whole or not.
Download or read book FDI in Indian Retail Sector written by Netajee Prasad Kuiry and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles presented at a seminar held in campus of Vidyanagar College on 20th September, 2013.
Download or read book A Perspective on Foreign Direct Investment FDI in Multibrand Retail Sector of India written by Prof. S. K. Baral Prof. S. K. Baral and published by . This book was released on 2019 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Indian retail industry has experienced high growth over the last decade with a noticeable shift towards organized retailing formats. The industry is moving towards a modern concept of retailing. The size of India's retail market was estimated at US$ 435 billion in 2010. Of this, US$ 414 billion (95 per cent of the market) was traditional retail and US$ 21 billion (5 per cent of the market) was organized retail. India's retail market is expected to grow at 7 percent over the next 10 years, reaching a size of US$ 850 billion 2020. Traditional retail is expected to grow at 5 per cent and reach a size of US$ 650 billion (76 per cent), while organized retails is expected to grow at 25 per cent and reach a size of US$ 200 billion by 2020. Despite encouraging signs, India's retail market remains largely off-limits to large international retailers like Wal-Mart and Carrefour. Opposition to liberalizing Foreign Direct Investment (FDI) in this sector raises concerns about employment losses, unfair competition resulting in large-scale exit of incumbent domestic retailers and infant industry arguments to protect the organized domestic retail sector that is at a budding stage. Based on international evidence, it is suggested that allowing entry by large international retailers into the Indian market may help tackle inflation especially in food prices. Moreover, technical know-how from foreign firms, such as warehousing technologies and distribution systems can improve supply chain efficiency in India, in particular for agricultural produce. In this paper attempt is made to analyze the direction and impact of FDI on Multi Brand Retailers. The study is based on the secondary data and information.
Download or read book Should India Open Foreign Direct Investment in Multi brand Retail written by Ashish Kumar Das (M.B.A.) and published by . This book was released on 2011 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: As India grows, driven by its success in information technology and services, there is another revolution waiting to happen in the Retail sector dependent on whether the Government of India can unshackle the various inefficiencies that are keeping this industry constrained. Retail in India is estimated at nearly US$ 400 billion and is growing at a CAGR of 9 percent (AT Kearney GRDI 2010). 96 percent of this sector remains un-organized and constitutes a workforce that have taken to self-employment for daily subsistence due to an overcrowded agriculture sector and lack of employment opportunities for lesser skilled workers in the manufacturing or services sectors. Food and groceries form nearly 60 percent of India's retailing followed by, among others, clothing and footwear at a distant 9 percent of retail. Despite the size of this market, retail and its food supply chain remains unorganized and inefficient. A lack of investment, technology and process control in the agriculture supply chain leads to tremendous waste accounting for nearly 25-30% of fruits and 10% of grains produced. Also, the related and supporting industries for food processing, cold chains and crafts remain nascent. In a grim reflection on the situation, a politician in India recently remarked that Indian consumers buy shoes in air-conditioned stores but food on the streets. Despite this scathing but accurate comment, the debate on whether to organize retail remains unresolved. This debate is further complicated by intellectual and political debate on the impact of Foreign Direct Investment (FDI), by large international retailers like Wal-Mart, on the fate of small retailers. Interestingly, both these questions have been on the table of policy makers in India for more than 15 years and the Government has so far only allowed some FDI in 'single-brand' retailing and 'wholesale trading' of retail goods. While the incumbent Congress party led Government has voiced many reasons to organize retail and allow FDI in multi-brand retailing, public opinion in response to a discussion paper released by the Department of Industrial Policy and Promotion (DIPP) - Ministry of Commerce & Industry - has been negative. In my quest to decipher whether India should organize and allow FDI in multi-brand retail, I have analyzed all the opinions received by the DIPP. I posit that the data is skewed and not sufficient to form the basis of a policy decision. I have also conducted an extensive literature review on the impact of Wal-Mart on small retailers to understand the potential impact it can have on India. Despite the concerns, I conclude that this change can be managed to India's advantage and that opening of the retail sector to FDI is an imperative, not an option.
Download or read book FDI in Retail Sector in India written by K. A. Rasure and published by . This book was released on 2013 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FDI and Retail Sectors in India written by Dhirumaraj Kumar and published by . This book was released on 2008-01-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FDI in Indian Retail Industry written by Syeedun Nisa and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: India is one of the largest emerging markets, with a population of over one billion. India is one of the largest economies in the world in terms of purchasing power and has a strong middle class base of 300 million. Around 70 per cent of the total households in India (188 million) reside in the rural areas, where mostly traditional retail outlets, commonly called kirana stores exist. These are unorganized, operated by single person and runs on the basis of consumer familiarity with the owner. However, recently organized retailing has become more popular in big cities in India and most of the metropolitan cities and other big cities are flooded by modern organized retail stores. Many semi-urban areas also witnesses entry of such organized retail outlets. Till now, entry of foreign retailers was restricted in Indian retail market because of the ban on Foreign Direct Investment in Indian Retail Sector. But recently, as government has changed its policy and the cabinet has allowed 51 per cent FDI in single-brand retail, the prospects of foreign players entering India became high.
Download or read book Pros and Cons of FDI in Retail Sector written by and published by . This book was released on 2011 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book FDI in India s Retail Trade written by Dipankar Dey and published by . This book was released on 2006 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current debate on allowing foreign direct investment (FDI) in India's retail trade primarily focuses on two issues - employment and consumer welfare. The supporters of the move have developed consumer centric arguments while the opponents are more concerned with its adverse impact on employment. In the process, some key areas of concern remain untouched Here, we have identified the following few which deserve due attention of policy makers. These are: (I) Unique characteristics of Indian retail sector. (II) Identification of major beneficiaries of FDI - the push and pull factors (III) Possible impact on marginal producers and work force- the experiences of other countries. (IV) Impact on existing labor laws. (V) Safeguard options available with the government to protect the interest of small producers and suppliers. This paper attempted addressing the above issues on the basis of secondary information gathered from diversified sources. We concluded that unlike in other sectors, FDI in retail will have a much wider impact on the economy. Organized global retail chains will break the traditional symbiotic relationship that exists between small producers and small retailers. In the new retailing format, due to unequal terms of trade in a monopsony like situation, small producers and suppliers are likely to suffer most.
Download or read book FDI in India s Retail Sector written by V. Basil Hans and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent policy of allowing 100% FDI in multi-brand retail has generated political feuds with lot of “ifs and buts” rather than proper economic debates. The proposed policy is primarily an economic one and hence likely to affect significantly the national economy. This paper, therefore, looks into the pros and cons of FDI in retail from a purely economic point of view. While we accept the tremendous scope for organised retailing in India, two things need to be underscored: productivity and protection. Big business should not be allowed to ruin the small enterprises in the name of investment and integration. Therefore, we suggest both in-built safeguards and public support to the retail sector.
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Download or read book A Basic Guide to Exporting written by Jason Katzman and published by Skyhorse Publishing Inc.. This book was released on 2011-03-23 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is practical advice for anyone who wants to build their business by selling overseas. The International Trade Administration covers key topics such as marketing, legal issues, customs, and more. With real-life examples and a full index, A Basic Guide to Exporting provides expert advice and practical solutions to meet all of your exporting needs.
Download or read book India and the Knowledge Economy written by Carl J. Dahlman and published by World Bank Publications. This book was released on 2005-01-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the global knowledge economy of the twenty-first century, India's development policy challenges will require it to use knowledge more effectively to raise the productivity of agriculture, industry, and services and reduce poverty. India has made tremendous strides in its economic and social development in the past two decades. Its impressive growth in recent years-8.2 percent in 2003-can be attributed to the far-reaching reforms embarked on in 1991 and to opening the economy to global competition. In addition, India can count on a number of strengths as it strives to transform itself into a knowledge-based economy-availability of skilled human capital, a democratic system, widespread use of English, macroeconomic stability, a dynamic private sector, institutions of a free market economy; a local market that is one of the largest in the world; a well-developed financial sector; and a broad and diversified science and technology infrastructure, and global niches in IT. But India can do more-much more-to leverage its strengths and grasp today's opportunities. India and the Knowledge Economy assesses India's progress in becoming a knowledge economy and suggests actions to strengthen the economic and institutional regime, develop educated and skilled workers, create an efficient innovation system, and build a dynamic information infrastructure. It highlights that to get the greatest benefits from the knowledge revolution, India will need to press on with the economic reform agenda that it put into motion a decade ago and continue to implement the various policy and institutional changes needed to accelerate growth. In so doing, it will be able to improve its international competitivenessand join the ranks of countries that are making a successful transition to the knowledge economy."
