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Volume : 2, Issue : 1, Year : 2015
Article Page : 63-71
Retailing sector of India is an emerging sector and back bone of Indian economy. The contribution of this sector is 14 to 15 percent in the total GDP. The retail market of India is estimated to be US$ 500 billion and one of the top five retail markets in the world by economic value. Indian retail market is getting very popularity over the world with 1.2 billion people. As of 2013, India's retailing industry was essentially owner manned small shops. In 2010, larger format convenience stores and supermarkets accounted for about 4 percent of the industry, and these were present only in large urban centers. There are 40 million Indians (3.3% of Indian population) engaged with Indian's retail and logistics industries. From 1991, Foreign Direct Investment (FDI) was limited to only a few sectors like manufacturing, infrastructure etc. But In July 2011, the government of India has recommended 51% FDI in Multi - Brand Retail and 100% FDI in Single - Brand Retail. The main objective of this study is to find out the impact of FDI on retail sector.
How to cite : Sharma R, Bansal J, A STUDY ON IMPACT OF FOREIGN DIRECT INVESTMENT IN RETAIL SECTOR. J Manag Res Anal 2015;2(1):63-71
Copyright © 2015 by author(s) and J Manag Res Anal. This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (creativecommons.org)