Foreign Retail Investors are in Indian Retail market

Govt in parliament decided to allow 100% foreign direct investment(FDI) in single brand retail and 51% FDI in multibrand retail.

study tells that it will bring 1 million direct jobs and 6 millions indirect jobs.these retial investors will open their stores in the cities with population above 1 million hence 51 cities have qualified for this.and out of these 51 cities 23 cities are opposing these FDI in multi brand and single brand retails.
                                                  


Now the question is that what will happen to kirana shopkeepers and domestic traders.whether they will also get advantage of this FDI or they will be hurted.but sure this FDI will increase competition in retail market and hence customer will get quality products and better services otherwise these investors will not be able to survive in the market.

 

mcafee, pandora, limewire