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Retailers not keen on FDI within sector

20 Jul '05
2 min read

The study, which was based on a survey of 391 respondents highlights that retailing in other countries had increased the speed of development of modern formats, reduced capital constraints of domestic retailers, led to inflow of improved productivity, efficiency and global competitiveness of retail sector.

"Employment programmes should focus on creation of quality jobs," the study said highlighting that often people opted for unorganised retailing not out of choice but due to lack of alternative employment opportunities.

The study also pointed that since foreign retailers are allowed to enter the market through other routes and the existing ban on FDI never acted as a deterrent for entry of foreign investments.

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