WHY GET AFRAID OF THE BIG BOXERS? SAY ‘YES’ TO FDI

According to AT Kearney's Global Retail Development Index 2012, India has been ranked as the fifth most desirable destination for international retailers. Till re-cently, FDI in retail (except under single-brand retailing) was not allowed in India. With the announcement made in the month of September 2012, 51% FDI has been permitted in multi-brand retail. The present article not only highlights the various ap-prehensions related to FDI in India, but also throws light on the various problems exist-ing in the Indian Retail Sector; and finally explores as how the FDI may help the sector to overcome these challenges.