Question

Is Foreign Direct Investment (FDI) in retail sector good for India?​

Answer 1

Answer:

FDI in retail industry means that foreign companies in certain categories can sell products through their own retail shop in the country.

Explanation:

At present, foreign direct investment (FDI) in pure retailing is not permitted under Indian law. ... And this privatization can make a very serious effect on the country's economy.

Answer 2

Answer:

Unarguably, in the long run, FDI in retail will be good for India, but in the short and medium terms the picture is fuzzy. Today, organised retail in India is 5% to 6% of total retail, plus about 12 million kirana shops. The latter still serve much of India, thanks to three factors.