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Tuesday, 15 March 2005

FDI in Retail

To have an update to the previous post on the Governments decision on FDI in Retailing, heres some information to make things clearer, atleast for the moment. "The NDA also plans to allow 26 per cent foreign investment in the growing retail sector" as quoted by The Economic Times.

Well its quite a start for the government to act so quick. Only 4 days ago, the government acknowledged the retail sector needs to be monitored and controlled and opening up FDI in Retailing will take some more time so that the Indian players can establish themself.

With this new decision are we going to see global players coming in for joint ventures with the exisiting players? This happened in China and many other countries but like most retail companies, thats only the short term route for market entry and to understand the market. In most cases, the investing party gradually buys out the local player or establishes a new entity with total equity as the laws get more flexible.

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Comments

Hello!!

Greetings of the Day!!

currently I am working with an Organic Company as Executive Assistant to General Manager-Sales.

I would like to post my profile for FDI retail.

Pls help me out with the concern person details with contact no and mail id.for the same.

Regards!

Dipti Singh
09335042030

Pls mail me details

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