Speaker: Deepika Srivastava, Research Scholar, CITD, SIS, JNU.
Venue: Committee Room, JNU Central Library
Date and Time: October 13th, 2012 (Saturday), 4:00 pm
In the decade of the 1990s, worldwide sales of multinational firms expanded at rates that outpaced the rapid growth of trade in manufactured goods. According to the World Investment Report 2011, outward investors from Developing Economies contributed 29 per cent to global FDI outflows in 2010.This presentation will focus on the relationship between trade and FDI that is whether FDI displaces trade or it reinforces it? There are various sectors to which the government of India has also opened FDI. I will take up the issue of 51 % FDI in Multi brand retail in India which has rocked our parliament. This issue is important because Indian retail industry is one of the sunrise sectors with huge growth potential and is expected to grow almost three times its current levels to $660 billion by 2015. This discussion is thus an attempt to discuss this heated issue on a common platform.
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