8/3/2016

'FDI policy to have positive impact' : North, News - India Today

India

World

Videos

Photos

Cricket

Movies

Auto

Sports

Lifestyle

Tech

Education

Business

Cosmopolitan

DOWNLOAD

NEWS
JOBS

DIGITAL INDIA

RIO OLYMPICS 2016

NEWS WIZ

TV
INDIA

Presenting
sponsor

News

India

MAGAZINE
WORLD

PHOTOS

VIDEOS

Search
MOVIES

CRICKET

Associate
sponsor

North

'FDI policy to have positive impact'

We are grateful that the government has realised and appreciated the value that we
will bring to strengthen the Indian economy.
Raj Jain
New Delhi,September 16, 2012| UPDATED11:03 IST

A+ A-

It is early to comment before we understand the details and ramifications of the government
decision on FDI in multi-brand retail. But we believe that allowing 51 per cent FDI in multibrand retail is an important first step towards further liberalising this sector.
We are grateful that the government has realised and appreciated the value that we will bring
to strengthen the Indian economy. This policy change will allow us to connect directly with
the consumer and help them save money.
This is one of the defining moments, though
not as bold as we would like, particularly in
view of the cap on retail chains to be restricted
to 51 cities with a population of more than a
million. But the benefits are so overwhelming
that no one will oppose it.

At the moment, we are not much concerned

about the sabre-rattling from those opposed to
the decision.
By being 'stores of the community', we will also
help consumers live better. We are willing and
able to invest in back-end infrastructure that
http://indiatoday.intoday.in/story/fdi-in-multi-brand-retail-upa-government-indian-economy-walmart/1/217529.html

Related Stories
Modi calls PM Manmohan
'Singham for foreigners'

FDI in retail: SP with Left, others

to launch nationwide protest on
Sep 20

FDI in aviation sector gives

lifeline to debt-ridden carriers

US dailies hail FDI liberalisation

as biggest economic reforms

More From India

1/6

8/3/2016

'FDI policy to have positive impact' : North, News - India Today

will help reduce wastage of farm produce, improve the livelihood of farmers, lower the prices
of products and ease supply-side inflation.
Through these, and several other initiatives, we hope to make a positive impact on the lives
of the people of India.
The government has said that at least 50 per cent of the total FDI will be invested in backend infrastructure within three years of investment.
This back-end infrastructure will include capital
expenditure on all activities other than front-end
facility.

May We Suggest
MP Finance Minister and wife file
defamation case against state
Congress spokesperson

Sanjay Nirupam accuses

Ravindra Waikar of corruption,
exposes business links with
Thackerays

Billionaire Warren Buffett ready

to take on Donald Trump

There will be an area of export benefit to the

country. The medium and small enterprise
(MSME) will work with large retailers with
access to the world markets like Africa and
Central and Latin America. These are the people who are like us. The opening will be of
immense help to them.
An improvement in supply chain will have far reaching implications for farming sector. It
would be a great help to them (farmers and other stake holders), since they can now access
these new markets on their own, as well as leveraging the relationship with us. The supply
chain would be improved and particularly benefit areas like export of fruits like banana and
pomegranate in new international markets.

Bangalore metro tunnelling

causes cave-in, biker narrowly
escapes accident

More News

(As told to Mail Today) (The writer is MD and CEO of Bharti Walmart and president of
Walmart India)

May we Recommend

ABM MyUniverse

Investing Rs.1000 Per Month Can Lead to Long

Term Wealth Creation.

Incredible Hulk from Iran, all of 175 kg, set to

take on ISIS forces

For more news from India Today, follow us on Twitter @indiatoday and on Facebook at
facebook.com/IndiaToday
For news and videos in Hindi, go to AajTak.in. .
.

Shoaib Akhtar, 38, marries 20-year-old from

Haripur

DO YOU
LIKE THIS STORY?

SHARES

12

Then & Now: Stars Who've Aged Horribly

PressRoomVIP

# FDI

# FDI in multi-brand retail

and small enterprise

# UPA government

# Indian economy

# Walmart

# Medium

# China

Peter Kassig beheading video shows Cardiff

student among jihadists

Rishi Kapoor: I respect Rajinikanth's humility

WHAT IS YOUR REACTION?

POWERED BY

Mechanical Parts & Fabrication Services - Get

Quotes!
$0 - alibaba.com

GO TO HOME PAGE

0%

0%

0%

Here is your horoscope for

August 1, 2016

0%

0%

0%

Andhra Pradesh special

status: YSR Congress
observes state wide bandh

http://indiatoday.intoday.in/story/fdi-in-multi-brand-retail-upa-government-indian-economy-walmart/1/217529.html

Raai Laxmi calls her relationship with MS

Dhoni a After
'scar' husband's accident,
Gurgaon school teacher
opens chole kulche cart to
support family
2/6

8/3/2016

'FDI policy to have positive impact' : North, News - India Today

Give a rating: Grateful to Prime Minister

Taarak Mehta Ka Ooltah

Chashmah completes 2000
Latest
episodes; cast celebrates
by cutting a cake

Modi for helping me get

Leave a comment
justice: Narsingh Yadav

ME

What is your opinion?

Malaika Arora-Arbaaz Khan divorce: So this is

Talgo trial: Train to run on
the reason behind the couple
Delhi-Mumbai route at 130
kmph
Rare Photos Reveal Images You Had No Idea
Existed
Kumkum Bhagya actress
Crazy Freelancer
Sriti Jha's new nest looks
super cool; see pics
Promoted Links by Taboola

SEE PICS: Salman Khan

Name
breaks down at Rajjat
Barjatya's prayer meeting

Email

Kohli will break Lara's 400- Post

run record: Kapil

Talk of the Town

34

Donald Trump, PM Modi speaking in

one language: Kanhaiya Kumar

12

Did a drunk Fawad Khan misbehave

at Manish Malhotras party?

Mumbai: Kanhaiya denied entry at

Vidhan Bhavan, opposition slams
govt

Investing Rs.1000 Per Month Can Lead to Long

Madhya
Pradesh and Kerala
Term Wealth
Creation.
among the big winners at
ABM MyUniverse
the National Tourism
Awards
Incredible Hulk from Iran, all of 175 kg, set to
take on ISIS forces

Shoaib Akhtar, 38, marries 20-year-old from

Haripur

From Modis Varanasi, Sonia Gandhi

declares war for UP 2017
Then & Now: Stars Who've Aged Horribly

No rift, Anandiben Patels resignation

part of Modis larger game plan

AAPs Bhagwant Mann guilty of

security breach, finds panel; some
MPs want him in rehab

PressRoomVIP

Peter Kassig beheading video shows Cardiff

student among jihadists

#Discover
Rishi Kapoor: I respect Rajinikanth's humility

Mechanical Parts & Fabrication Services - Get

Quotes!
$0 - alibaba.com

Raai Laxmi calls her relationship with MS

Dhoni a 'scar'

Malaika Arora-Arbaaz Khan divorce: So this is

the reason behind the couple

Rare Photos Reveal Images You Had No Idea

Existed
Crazy Freelancer

Promoted Links by Taboola

Watch Right Now

Temple priests justify shunning
Dalits: This is God's ban, due to
their karma

Bulandshahr rape victim breaks

silence: I want to punish rapists
and gouge out their eyes

http://indiatoday.intoday.in/story/fdi-in-multi-brand-retail-upa-government-indian-economy-walmart/1/217529.html

3/6

8/3/2016

'FDI policy to have positive impact' : North, News - India Today

Gujarat's ugly truth: Temple

doors remain shut for Dalits

Congress chief Sonia Gandhi

holds 3-hour road show in
Varanasi

More Videos

So Sorry
So Sorry: How Congress
stumbled on to Sheila Dikshit

More Videos

Top Takes
UP's snoozing cops: Dismissal is
the punishment for sleeping on
duty, says former DGP of UP

Trichy: 10-year-old beaten,

ragged, school fails to take
action

Bengaluru horror: 3 children

chained and tortured for not
going to madrassa

http://indiatoday.intoday.in/story/fdi-in-multi-brand-retail-upa-government-indian-economy-walmart/1/217529.html

4/6

8/3/2016

'FDI policy to have positive impact' : North, News - India Today

MK Stalin seeks Jayalalithaa's

clarification on Sasikala's claims
of life threat

More Videos

http://indiatoday.intoday.in/story/fdi-in-multi-brand-retail-upa-government-indian-economy-walmart/1/217529.html

5/6

8/3/2016

NEWS

'FDI policy to have positive impact' : North, News - India Today

INDIA WORLD

PHOTOS

CRICKET

MOVIES

AUTO

SPORTS

LIFESTYLE TECH EDUCATION BUSINESS

SITEMAP

Copyright 2016 Living Media India Limited. For reprint rights: Syndications Today.

http://indiatoday.intoday.in/story/fdi-in-multi-brand-retail-upa-government-indian-economy-walmart/1/217529.html

6/6