Aticles and Abstracts Top sellers seek 51 per centime FDI in multi-brand retail Abstracts: extensive opening of FDI in retail will create the conditions for the sterling(prenominal) flow of investment to the back-end with the related benefits for farmers, small businesses and consumers. India allows 51 per cent foreign direct investment (FDI) in single-brand retail and one C per cent FDI in cash-and-carry or wholesale trading. It has not allowed foreign companies to run multi-brand stores in India Organic India initiates own strand of retail stores Abstracts: Organic India which is involved in organic commonwealth in Uttar Pradesh and export of herbal products abroad opened an unshared retail store in Maharashtra and is in the process of inaugurating 6 more stores in Delhi, Chandigarh, Hyderabad, Bhopal, Nagpur and Luck instantaneously by March end. Till this instant the company was exporting organically grown herbs and ayurvedic medicines but has now expanded the portfolio to include organically grown foodgrains and fruits. Opportunities and Challenges for global retailers in India Abstracts: Oppurtunities: Data by Investment Commission of India, 2007 revealed that remarkable retail opportunities existed in product categories like food and beverage, consumer durables and home plate improvement.

It further forecasted that home improvement and consumer durables would grow at a compounded annual growth rate of 20 % in 10 years time. It further mentioned that India had a significant potential to emerge as a sourcing base for a wide variety of goods for international retailers. Leading international retailers including Tesco, wisecrack and JC Penney are already sourcing from India. Challenges: Global retailers would have to customize their formats to conciliate Indian conditions. Â The Government of India fears that entry of global retail giants could ensnare many retailers in the unorganized sector out of business. However, discussions at various retail forums have often proved that on that point is enough space for organized... If you want to get a unspoilt essay, order it on our website:
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