Generation of Employment by

Retailing Generation of Employment by Retailing

8%

6%

12%

15%

11.70%

18%

11%

7%INDIA

CHINA

POLAND

BRAZIL

USA

KOREA

UK

MALAYSIA

*

• WALMART (world’s largest turnover company) with BHARTI

• Italian designer GIOGRGIO ARMANI with DLF ltd.(51% share of armani biggest retailer France’s CARREFOUR

• Britain’s MARKS & SPENCER wants to expand in India.

WHY FDI SHOULD BE PERMITTED ?

Manpower and skill development

Through retail training

Greater managerial talent inflow from other countries

Tourism Development

A strong retailing sector boosts tourism as seen fromthe experience of Singapore and Dubai

Investment in whole supply chain

Improved product basket from India for exports

Long term benefits

Up-gradation of agriculture

Development of efficient small and medium sizeindustries

CONCLUSION

FDI in retailing would surely an advantage to India and it would also help India in becoming 'developed country'. As the people also accept the retailing it will be an advantage to them also. So the government should also open the retail sector to the foreign investment, as it also serves as an employment generator.

So, 'FDI in retailing is the need of the hour'

Made by:-Puneet Devgan