Introduction of FDI to Retail Sector

"Opening of Multi-brand retail to FDI is one of the remarkable decisions taken by government. Foreign companies coming in India for business will witness astonish growth in realty sector and will boost the property prices as they will hunt for commercial spaces for corporate, outlets and depots. Investors and owner of the property nearby will see their profit graph budding. Highway side commercial property will not be any less than a treasure. This decision may bring some competition among foreign and Indian brand like Walmart and Big Bazaar. End customers will also get the freedom to choose from a large variety of Indian and foreign brands. Foreign retail stores are operating in many cities of the world and doing really good. In India, some retailers are cash strapped therefore; FDI will help them in standing back. Not only retailers but farmers over here will also get huge advantage from the decision. A large amount of their production get wasted on yearly basis due to lack of storage and selling facility. Now, farmers will also get complete outcome of what they should earn. "