Trends of FDI Inflows in Retail in India

Abstract

In the era of liberalization, privatisation and globalisation no under developed or developing economy can ensure its growth in isolation from the world developed economies. Every economy has to open up the barriers for the foreign countries to ensure their speedy growth and development. India being a developing economy does not have sufficient financial resources to invest on large scale in big industrial projects. Therefore, the Foreign Direct Investment (FDI) is sought to be the only alternative available o ensure the path of growth and development. India is allowing FDI from foreign nations in various sectors of which retail is one.Retailing is known to be one of the strongest pillars of any developing and developed economy, as major chunk of population usually involve in this sector.. The Foreign Direct Investment (FDI) in retail began after India became the member of World Trade Organisation (WTO) in 1995.The present paper is an attempt to analyse the trends of FDI inflow by different countries in India and to study the sector specific trends i.e.  of FDI inflow in retail sector. Various secondary data sources have been used to achieve the objectives.