Sunday, May 17, 2009
Will FDI in retail become a reality?
1:40 PM |
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Indian Retail |
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Well...following up to my earlier post, just read an interesting article in business line (link) which basically discusses and makes a case for opening up the FDI. Excerpts are
"Only a small proportion of general trade, which is in close proximity to modern trade, would be partially affected by FDI in retail. It is not a zero-sum game. Our belief is that the share of organized retail will go down but the volumes certainly will not be impacted by opening up of the retail sector,"
I believe it is time to open up.
"Only a small proportion of general trade, which is in close proximity to modern trade, would be partially affected by FDI in retail. It is not a zero-sum game. Our belief is that the share of organized retail will go down but the volumes certainly will not be impacted by opening up of the retail sector,"
I believe it is time to open up.
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