ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2013
  • Volume: 3
  • Issue: 7

FDI in retail sector: Is it constructive?

  • Author:
  • A. Rethinapandy
  • Total Page Count: 8
  • Page Number: 38 to 45

Associate Professor, Department of Economics, Sri S R N M College, Sattur, India

Online published on 4 September, 2013.

Abstract

Liberalization of trade policies during the last one and half decade has led India to become an investment friendly country. Foreign direct investment (FDI) in this country assumed critical importance in the context of this liberalization. Though India is the tenth most industrialized country in the world, it is well known that it is mainly agro-based with around 70% population engaged in the farm sector.