Qualitative Analysis of FDI in Indian Retail Industry
Journal Title: International Journal of Computational Engineering and Management IJCEM - Year 2013, Vol 16, Issue 2
Abstract
The Indian Retail Industry is the fifth largest in the world. Comprising of organized and unorganized sectors, Indian retail industry is one of the fastest growing industries in India, especially over the last few years. Though initially the retail industry in India was mostly unorganized, however with the change of taste and preferences of consumers, the Industry is getting more popular these days and getting organized as well. The Indian retail market has shown greater acceptance for organized retailing formats. Domestic retailing is emerging from a multitude of unorganized family-owned businesses to organized modern retailing. Rapid urbanization, changes in shopping pattern, demographic dividend and pro-active measures by the Government are abetting the growth of the retail sector in India. By taking into account the importance of growing Indian retail industry this paper has attempted to analyze the reforms introduced by Government of India in the Indian Retail Industry, whether they are boom or bane for the country.
Authors and Affiliations
Pallavi Manik, Renu Singla
Keywords
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