International Research journal of Management Science and Technology

  ISSN 2250 - 1959 (online) ISSN 2348 - 9367 (Print) New DOI : 10.32804/IRJMST

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TITLE –FOREIGN DIRECT INVESTMENT (FDI) IN INDIAN RETAIL TRADE: AN OVERVIEW

    2 Author(s):  DR. ARUN KUMAR PANDA , MR. MANASH KUMAR SAHU

Vol -  4, Issue- 1 ,         Page(s) : 152 - 166  (2013 ) DOI : https://doi.org/10.32804/IRJMST

Abstract

With the wake of globalization and liberalization of Indian economy, transformation of different industries, industrial policies, service sector etc. has gained momentum. The economic policy-1991 of India first proposed retail reforms by allowing Foreign Direct Investment (FDI), with the hope that FDI in Indian retail may provide benefit through development of backend infrastructure like cold chain, enhanced supply chain with minimal wastage and minimization of the middle man concept, and larger employment opportunities. 100% FDI was already been allowed both in wholesale ‘cash and carry’ and single brand retail in India after several attempt to open up the sector to FDI, and abruptly on 14th September 2012,

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