Advantages of FDI in retail in India and Uttar Pradesh

Posted Date: 28-Nov-2011	Category: General Information	Rating:
Author: Skp	Member Level: Gold	Points: 12 (Rs 6)

There are many positives of opening of Wal-Mart, TESCO, Carrefour and other international brands in Uttar Pradesh Some of the plus points or advantages of opening up of FDI in multi brand retail in India is mentioned here.

Cabinet passed 51 percent FDI in multi-brand retail, and allowed global retail giants like Wal-Mart, TESCO and Carrefour to open retail chain in India and Uttar Pradesh. It also cleared 100 per cent FDI in single-brand retail.

Advantages of Wal-Mart and FDI in retail in UP

There are many advantages of FDI in retail in India and Uttar Pradesh. Some of the positives of opening of Multi brand retail like Wal-mart in UP or India as a whole area s follows:

Farmers will benefit from opening of Multi brand retails like Wal-mart in India as they will be earning 30-40% more because they can sell their products directly to these retail chains, cutting the profit made by middle men in between.

General Middle class customers will also benefit due to removal of this middle men in buying and selling of products.

Customers will have more option available in buying whatever he wants to buy as more brands will be available at his/her disposal.

Employment opportunities will be generated in form of sales man, counter boys etc.

Employment will move from organized sector to organized sector.

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