Home / Knowledge / News / Apparel/Garments / Will 100% FDI in multi-brand retail be a myth or reality?
Will 100% FDI in multi-brand retail be a myth or reality?
Jul '10
Will Foreign Direct Investment (FDI) in multi-brand stores be a reality or stay a myth, is a sentence reverberating in the minds of every global retailer who wants to grab a pie of the lucrative Indian retail market.

Currently only 51 percent FDI is allowed, that too only for single brand outlets, while 100 per cent is permitted in the cash and carry (wholesale) business. The likes of Wal-Mart and Metro have set up wholesale operations in India, currently.

Although sound-bites relating to 100 percent FDI in multi-brand outlets are emanating from official government circles, they are laying the onus on the political leadership, who will take this crucially political decision.

Recently, the Commerce Minister while addressing a conference in Singapore had allayed fears by saying that job losses of those working in the mom and pop stores dotted across the lanes of the country will be minimal if 100 percent FDI is allowed.

Experts are of the opinion that rather than job losses in these stores, 100 percent FDI will create innumerable job opportunities for the educated as well as uneducated in the country. This is amply clear from the jobs created by the retail sector at present.

Fibre2fashion News Desk

Must ReadView All

Apparel/Garments | On 22nd Feb 2017

Amazon UK to create 5,000 full time jobs this year

Amazon UK said it will create more than 5,000 full time jobs this...

Textiles | On 22nd Feb 2017

Telangana CM seeks better life for handloom weavers

Chief minister of Telangana, K Chandrashekhar Rao assured handloom...

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Interviews View All

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search