This Survey-Based Study Analyses The Current Retail Scenario In India, Investigates The Growth Across Different Segments Of Retailing And Evaluates The Likely Impact Of Allowing Fdi (Foreign Direct Investment) On Various State Holders In Different Retail Segments.
Scientific Essay from the year 2011 in the subject Business economics - Trade and Distribution, language: English, abstract: ABSTRACT With US President's visit, Planning Commission has given green signal to FDI in multi brand retailing. Only 51 per cent FDI in single-brand retail is permitted in India. Multi brand retailers were only allowed to operate wholesale outlets. The paper will cover how FDI in retail sector can be introduced, benefits of allowing FDI, how to have control over the global players, and how local retailers can survive in spite of the big players. The retail industry in India is of late often being hailed as one of the sunrise sectors in the economy. Emergence of organized retail sector in India has more to do with increasing purchasing power of buyers and modern supply and logistic management techniques. With a contribution of 14% to the national GDP and employing 7% of the total workforce (only agriculture employs more) in the country, the retail industry is definitely one of the pillars of the Indian economy. Keywords: Foreign Direct Investment, organized retail sector, single-brand retail, globalization, foreign retailers, Ministry of Commerce, Industrial policy and promotion, FDI's issues and prospects. *********
This volume, published in association with the UK chapter of the Academy of International Business , again contains a number of contributions from leading academics. The book looks at the environmental influences on internationalisation and considers the strategic options available to firms.
An award-winning journalist breaks through the wall of secrecy to reveal how the world's most powerful company really works and how it is transforming the American economy.
With crisp and insightful contributions from 47 of the world’s leading experts in various facets of retailing, Retailing in the 21st Century offers in one book a compendium of state-of-the-art, cutting-edge knowledge to guide successful retailing in the new millennium. In our competitive world, retailing is an exciting, complex and critical sector of business in most developed as well as emerging economies. Today, the retailing industry is being buffeted by a number of forces simultaneously, for example the growth of online retailing and the advent of ‘radio frequency identification’ (RFID) technology. Making sense of it all is not easy but of vital importance to retailing practitioners, analysts and policymakers.
This book is recommended for those readers and students who are keen on getting a deeper understanding on the strategic issues facing the different sectors of the Indian economy and business in the aftermath of the emergence of the WTO system and the new global economic and business order that the WTO agreements have brought about. The book will raise your strategic anxieties on India to such a great height that after reading it, you will certainly be inspired to think seriously about possible ways of enabling the Indian economy and business to achieve a more rapid global ascendance. All discussions in the book are in the context of the WTO agreements. While discussing India s past trade performance and future potentials, the book makes extensive references to the US, European Union and China, the three most powerful economies of the contemporary world. There are several instances in the book where Indian achievements are benchmarked against China s. Besides, the book explores the direction of India s trade future with respect to the ASEAN. The book also focuses on such burning topics as Indian companies in the global markets, India s trade gains in textiles and clothing, intellectual property protection to traditional knowledge, food security issues under a free trade regime, India s international trade in agricultural products, India s business in business process outsourcing, and the trade potentials in higher education. Further, there are interesting discussions in the book on the trade or investment issues of automobile, pharmaceutical, FMCG, retailing, livestock, plantation and tourism sectors. In each case, the book has made due focus of its attention on the required strategic recourse for India. In a nutshell, the book is an essential reading for anyone who longs to see India reemerging as the dominant force in the global economy.
A comparative and historical analysis of foreign direct investment liberalization in China and India, explaining how the return of these countries' diasporas affects such liberalization.
The new institutional economics has been one of the most influential schools of thought to emerge in the past quarter century. Taking its roots in the transaction cost theory of the firm as an economic organization rather than purely a production function, it has been developed further by scholars such as Oliver Williamson, Douglas North and their followers, leading to the rich and growing field of the new institutional economics. This branch of economics stresses the importance of institutions in the functioning of free markets, which include elaborately defined and effectively enforced property rights in the presence of transaction costs, large corporate organizations with agency and hierarchical controls, formal contracts, bankruptcy laws, and regulatory institutions. In this timely volume, Murali Patibandla applies some of the precepts of the new institutional economics to India - one of the world's most promising economies.