Indian retail industry is emerging as one of the most attractive sector for the foreign investors. Despite of the changes and its contribution to the economy, retailing continues to be the one of the least evolved industry of Indian economy. The growth of Indian organized retail is much slower as compared to other countries. FDI is playing a considerable role in the growth and development of retail industry in India. It has an effect on a number of stakeholders engaged in the process of retailing that influence retailers to end consumers. Since 1991, Government of India has taken major initiatives to attract FDI in retail sector, through liberalizing its FDI policies. This paper presents an overview on the effect of FDI policies on retail sector of India.
Retail industry, Foreign Direct Investment (FDI), Government of India (GOI) Indian Retail & its Scenario
