Real benefits of retail FDI are limited: India Ratings
By Ira Dugal | Published On: September 20, 2012 10:45 (IST) | Duration: 6 min, 03 sec
The political fallout of the government’s decision to increase the FDI limit in the retail sector continues. Yet Deep Mukherjee, Director, India Ratings and Research, a unit of Fitch Ratings, believes that the real benefit of retail FDI is limited. While the measures may benefit the sector and the economy in the long run, India Ratings believes that the near term impact is limited. India Ratings also says that it expects Indian retailers to re-organise business operations along geographical lines in order to take advantage of the new rules.