India Retail News

New FDI Policy to Drive Retail Growth in India

Cedar Consulting

The $ 428 Billion retail sector in India has received a shot in the arm by the Indian Government‟s recent policy decision to allow Foreign Direct Investment (FDI) of upto 51% in multibrand retail and upto 100% in single brand retail. Given that 95% of the sector constitutes unorganized retail consisting largely of „mom and pop‟ stores, the Government has treaded cautiously by building adequate safeguards for the domestic stakeholders in the unorganized sector.

 
The Impact of FDI in Retail on the SME Sector

CII

The government has ultimately taken the bold decision and notified the much-awaited policy allowing 100 % FDI in single brand retail from the existing 51%. In view of the above background, the Confederation of Indian Industry (CII) has recently undertaken a comprehensive survey on Foreign Direct Investment (FDI) in retail on SME sector, in particular to assess the impact of the government's decision to allow 51% foreign direct investment (FDI) in multi-brand retail and 100% in single brand retail on the Indian SME sector on different aspects of growth based on some select parameters.

 
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