Foreign direct investment in retail sector of India: A legal aspects
Indian retail industry is one of the dawn sectors with gigantic development potential which is extending and modernizing quickly. Indian retail is a standout amongst the most looked for after sectors that convey extraordinary potential for drawing in Foreign Direct Investment (FDI) as foreign investors are amazingly energetic in the Indian retail sector. Disregarding the ongoing improvements in retailing and its monstrous commitment to the economy, retailing keeps on being the least advanced businesses and the development of composed retailing in India has been much slower when contrasted with rest of the world. Without a doubt, this miserable circumstance of the retail sector, regardless of the progressing wave of relentless advancement and globalization, originates from the non-appearance of the FDI empowering strategy in the Indian retail sector. The issue of opening of retail sector for FDI is the most questionable worry in late time. As the Indian retail sector is tremendous in this way FDI in such discussion is a major challenge which is the reason for the present paper.