Proponents for FDI opined that foreign investment would help in improving the retail and supply chain infrastructure, and generate large-scale employment in the country. In addition, the Indian retailers could absorb some of the best operational practices of these international retailers and gain in experience. Ultimately, the consumers would benefit due to the availability of more product offerings, lower prices and efficient service. Those who opposed FDI argued that the entry of foreign retail giants would be detrimental to the livelihoods of unorganized retailers in India. There were an estimated 12 million shops, which accounted for 97% of the retail market in India. There were concerns that these small retail stores would not be able to compete with the operational efficiencies and financial muscle of foreign players. In the present publication the pattern of FDI and retail sectors is sets out. The collection of papers and articles presented in the following pages attempts to outline in precise and relevant terms different aspects of FDI and retail sectors in India. Papers selected in this book are written by scholars of the subject to help the reader in understanding the fundamental issues involved. The book will be of immense interest to all the students, teachers, researchers, economists and policy makers, who would like to acquire a clear perspective on FDI and retail sectors in the era of globalization.
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