Retail in Asia

In Markets

The truth vs hype of big retail

This article by R Gopalakrishnan, director, Tata Sons Ltd, discusses about India’s kirana stores advantanges and the debate of FDI in retail.

Foreign direct investment into the Indian retail sector is controversial, with political overtones. Few countries have witnessed such a ‘life and death’ debate. The protagonists exaggerate the benefits by a wide margin and the antagonists articulately verbalise imaginary ghosts.