date:Aug 29, 2012
have invested in retailing in India, we do not need to look to foreign investors to invest in Indian retail.
The small retailers in India over the past decade have improved their outlets, presentation, service levels and consumer orientation significantly. The modern retail and their deep pockets due to foreign investment will destabilise the retail trade, which gainfully employees a very large section of our society. The promised employment generation in modern retail will be at the cost of un