"Weightage of Walmart "
When I was in 12th standard then FDI concept is skipped by
our sir who told us that it is not a concept of India but after 2 years in came
in limelight and become the main issue in parliament, Media and economist. FDI
can be defined as a cross border investment, where foreign assets are invested
into the organizations of the domestic market excluding the investment in
stock. The full form is Foreign Direct Investment. It brings private funds from
overseas into products or services. The domestic company in which foreign
currency is invested is usually being controlled by the investing foreign
company. E.g. An American Company taking major stake in a company in India.
Retailing is one of the world’s largest private industries.
Liberalizations in FDI have caused a massive restructuring in retail industry.
The benefit of FDI in retail industry superimposes its cost factors. Opening
the retail industry to FDI will bring forth benefits in terms of advance
employment, organized retail stores, availability of quality products at a
better and cheaper price. It enables a countries product or service to enter
into the global market.
Walmart is the one of the part of FDI. It is the largest retailer of
world. Per hour income of Walmart CEO is more than the Employee’s annual
Income. If Walmart can become a country then it is the one of the largest
population country in world. The employee of Walmart is can create a force as
they are more than the American force. It provides lots of employment in world. Walmart will come to India or not is the different thing but Walmart itself is the world's largest retailer.
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