Volume : 4, Issue : 9, September - 2015

FOREIGN DIRECT INVESTMENT IN INDIAN RETAIL SECTOR

A. Muthukumaran

Abstract :

<p>Foreign Direct Investment (FDI) plays a very important role in economic development for any developing and underdeveloping nation. India is the largest democracy and the second largest populated country in the world. Retail Sector is one of the most important pillars of Indian economy and it is growing at a phenomenal pace. Foreign Direct Investment (FDI) in retail sector plays an integral role in the economic growth. The market size of Indian retail industry is about US $312 billion. Foreign direct investment has boomed in post-reform in India. Moreover, the composition and type of Foreign direct investment has changed considerably since India has opened up to world markets. This has fuelled high expectations that foreign direct investment may serve as a channel to the higher economic growth of India. This paper is going to try to give a better view of the retailing, types of retailing, FDI polices of India, role of FDI in Indian retail industry and SWOT analysis of retail sector.</p>