FDI in multi brand retail: effect in comparable countries and Indian prospects

This research paper talks about FDI in Multi Brand Retail: Effect in Comparable Countries and Indian Prospects. This paper reveals experiences of other comparable countries after allowing FDI in their retail trade. This paper was reviewed and explained with the help of Secondary data available through various journals, magazines, previous research papers and other useful internet material. Paper presents and attempts to study the Experiences of countries including China, Thailand, Russia, Chile, Indonesia and Indian prospects including how FDI permitted in India. If India has to grow it needs capital, training and innovation. Yes the short-term effects of the announced reforms will be painful, but in the long-term if they will help make Retail a more organized industry in India, provide better quality goods at cheaper prices at convenient locations, improve infrastructure and the supply chain mechanism throughout the country, provide employment and retail sector specific training to a large population it will be a huge boon to the nation.