FDI IN INDIAN RETAIL SECTOR: A REVIEW

Abstract

Retail sector is emerging as one of the attractive sectors and is able to attract foreign players. FDI in retail bears an effect on a number of stakeholders engaged in the process of retailing, from retailers to end consumers. The initiative of the GOI to attract FDI in retail, by liberalizing FDI policy must be significantly encouraged but should not be freely allowed. The review paper is based some of the important studies conducted by various researchers for finding the effect of FDI in Indian retail sector. The main aim of this paper is to make some research oriented paths to move forward. On the basis of the review, it has been found that liberalization of FDI policy towards retail sector bears positive as well as negative effects. The paper suggests that unorganized retailers are required to upgrade their retail stores to meet the challenges of the dynamic retail environment.