1Research Scholar, Dept. of Business Administration, Chaudhary DeviLa L University, Sirsa, Haryana
2Research Scholar, Dept. of Management Studies, BPS Women University, Khanpur Kalan, Sonipat, Haryana
Online published on 20 May, 2016.
The foreign direct investment is important for Indian economy to sustain the expansion and it's conjointly useful to boost the infrastructure of the country. Retailing is the significant pillar of Indian economy and estimated for about 22% of Indian GDP. Indian retail market has been considered one in the top five retail markets in the world. The foreign direct investment in retail would provide significant benefit to Indian market to cope up with world market. However, it should be supported by well-planned small and political economypolicies, in order to produce the possible investment surroundings for foreign investors.foreign direct investment is extremely a lot of needed by the Indian economy for its own profit in conjunction with the implementation of bound strict rules and laws in order that it cannot become a curse for Indian economy. India must welcome FDI, with talented human resources by motivating institution providing knowledge in retailing. Therefore, FDI inretailing is need of the hour as it would enhance the Foreign exchange level and also help economy in becoming developednation.
The present study is based on both primary and secondary sources including 100 respondents(small retailers) of NCR area, Sonipat (Haryana). The present study intendsto identify the developmentof FDI in Indian retail sector and analyze the perception of small retailers towards FDI in retail in India.
FDI (foreign direct investment), Indian Retail sector, unorganized retailing, small retailers