ISSN: 2349-5162

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Published in:

Volume 4 Issue 2
February-2017
eISSN: 2349-5162

Unique Identifier

JETIR1702029

Page Number

139-149

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Title

“FDI IN INDIAN RETAIL SECTOR – A Study”

ISSN

2349-5162

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"“FDI IN INDIAN RETAIL SECTOR – A Study”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.4, Issue 2, page no.139-149, February 2017, Available :http://www.jetir.org/papers/JETIR1702029.pdf

Abstract

In olden day’s economy was said to be barter economy. So barter is considered as one of the oldest form of retail in India. Most of the retailing may be inform of Haats, Mandis, Melas in India and also in other countries. The single largest retail chain in India is the public distribution system. Popularly known’s as PDS or “Rationing system introduced by the Britishers during the world war II. Public distribution system was first started in Bombay in the year 1939. Latter system was extended to other cities and towns. After the world war II, this system was abolished. After Independence Indian Government re-introduced public distribution system in the year 1950. The evolution of retailing also took place in form of canteen stores department (CSD) post office in India (service) Khadi and village industries (Established after Independence) presently KVIC’s are more than 7050 stores throughout India. The co-operative movement ignited and the Indian govt established Kendriya Bhandars in 1963. Since from introduction of New economic policy in 1991 called LPG (Liberalization Privatization and Globalization) with new economic policy most of the restrictions on private companies were lifted and the license RAJA helps in promoting economic progress from state led to becoming market friendly. Independent retail stores existed in India such as Akbarallys Viveks and Nalli’s. First organized retailing noticed in textile organizations. Such as Raymond’s set up retail stores in fabric. Today Raymond’s distribution network accounted to 20000 retailers and 429 showrooms across the country. Some other textile manufactures set up their retail store were. The growth of text tile retailing, readymade branded apparel, leads to existane of Madura Garments, Aravind Mills etc with this new age of departmental stores find its place in blooming way in India in 1990s. This was the beginning of new retail era in India. The concept of retail as entertainment came to India with the advent of malls. The development of Malls took place both in metro and cities and towns.

Key Words

Retailor, consumer, liberalization, globalization, economic, policy, organized,unorganized.

Cite This Article

"“FDI IN INDIAN RETAIL SECTOR – A Study”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 2, page no. pp139-149, February 2017, Available at : http://www.jetir.org/papers/JETIR1702029.pdf

Publication Details

Published Paper ID: JETIR1702029
Registration ID: 185283
Published In: Volume 4 | Issue 2 | Year February-2017
DOI (Digital Object Identifier):
Page No: 139-149
ISSN Number: 2349-5162

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Cite This Article

"“FDI IN INDIAN RETAIL SECTOR – A Study”", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.4, Issue 2, page no. pp139-149, February 2017, Available at : http://www.jetir.org/papers/JETIR1702029.pdf




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