Post on 08-May-2015
Submitted by: Kirtan Pandya Submitted by: Kirtan Pandya
Overview
Positive impact of FDI in retail on:
1. Technology
2. Employment
3. Economy
4. Consumer
5. Other add-ons
Conclusion
Indian retailing:
Largest employer after agriculture
Highest outlet density in world
Around 12 mn outlets
Still evolving as an industry
Long way to go
1. Modern Format retailers:
Supermarkets (Foodworld)
Hypermarkets (Big Bazaar)
Department Stores (S Stop)
Specialty Chains (Ikea)
2. Traditional Format Retailers:
Kirana: Traditional Mom and Pop Stores
Street Markets
Exclusive /Multiple Brand Outlets
Efficient logistics, production, distribution channels
& warehousing technologies.
Digital records.
Boost in supply chain expertise.
Wastage and Storage problems will be resolved.
Jobs & investment in rural areas.
Sourcing from MSEs & SSEs.
10 million jobs in industries such as agro-processing and
logistics.
Improvement in the quality of employment.
Reduced wastage and costs, thus lowering prices.
Helpful to small industries and boost incomes.
Huge amount of capital inflow in country
Large amount of money in terms of taxes.
Tackle inflation.
Growth of infrastructure.
High safety & quality standard .
Improvement in overall shopping experience of consumers.
Upgradation of lifestyle & fashion of people.
Easy access to international brands.
Curse to local traders & consumers will be benefited.
Help farmers secure remunerative prices by
eliminating middlemen.
Appreciation of rupee.
Thus it can be said that FDI in retail could change the face
of Indian retail by offering quality goods at lower prices to
the consumers.
In addition to this, the presence of global retailers in Indian
retail industry will further enhance exports from India as
they would also source Indian goods for their international
outlets in a big way leading to a remarkable increase in
Indian exports.
THANK YOU!