Cautious moves towards greater FDI in retail

The retail sector in India is highly fragmented and organized retail in the country is at a nascent stage. Recently, however, it has emerged from the shadows and become one of the most talked-about sectors in the economy.

India ranks first in terms of emerging market potential in retail and is now considered a top-priority market for many international retailers.

Retail in India

Foreign direct investment (FDI) restrictions in the retail sector have not deterred prominent international players from setting up shop in India.

Gautam Khaitan is a partner at OP Khaitan & Co. He works mainly on corporate and commercial matters and has considerable experience over a wide range of corporate and commercial transactions.