A Comprehensive Guide to the Merits of FDI in the Retail Sector
India’s retail sector is the fourth-largest in the world in terms of economic value. It is one of the most competitive market segments and requires a large amount of capital to maintain its growth. The retail sector contributes 10% to India’s GDP and employs 8% of the country’s population. Some of the key reasons for India being one of the fastest-growing retail markets globally are Rising consumer population Increasing urbanization of villages and cities More connections with rural consumers Higher…