What FDI Would Do To Indian Retail

Retail would grow faster with FDI. But the Cabinet is now having second thoughts about it

After studying law I vectored towards journalism by accident and it's the only job I've done since. It's a job that has taken me on a private jet to Jaisalmer - where I wrote India's first feature on fractional ownership of business jets - to the badlands of west UP where India's sugar economy is inextricably now tied to politics. I'm a big fan of new business models and crafty entrepreneurs. Fortunately for me, there are plenty of those in Asia at the moment.

In July, the Committee of Secretaries cleared the penultimate hurdle in allowing FDI in Indian retail. A Booz and Co. report shows retail would grow faster with FDI. But the Cabinet is now having second thoughts about it.

Infographic: Sameer Pawar

(This story appears in the 07 October, 2011 issue of Forbes India. You can buy our tablet version from Magzter.com. To visit our Archives, click here.)

Post Your Comment
Required, will not be published
All comments are moderated
  • Anil Chopra

    Is the color of money in Indian retail context different for FDI from local? The question is being raised to understand as to what FDI money shall buy which money with biggies like RIL and Birlas have not been able to do for Indian retail. Let's indulge in some cerebral discussion.

    on Nov 4, 2011
  • Puneet Sharma

    Article on FDI & RETAIL is very interesting & knowledgable

    on Oct 4, 2011
  • Jacob

    This is why SEZs are important. 100% FDI allowed in everything. Flexible labour laws and 100-400sq km in area. Basically world-class cities located in China or Malaysia or India.

    on Oct 3, 2011
  • Sangram

    Its fantastic article. You get knowledge on Company related FDI and retail.

    on Oct 1, 2011
Drivers, Maids Earn More Now
Artist Shombit Sengupta's Insights On Branding