Impact of Foreign Direct Investment on Retail Sector in India

Abstract

Foreign direct investment (FDI) plays an important role in India’s growth dynamics. There are several examples of the benefits of FDI in India. FDI in the retail sector can expand markets by reducing transaction and transformation costs of business through adoption of advanced supply chain and benefit consumers and suppliers (farmers).

India being second most-populous country has immense scope for retail expansion as along with time urbanization and consumerism has also been increasing.