Seeing the all round protest against organized retail players, I think 100% FDI in Retail is something unattainable. This is because it’s not only the unorganized players who are afraid of FDI but so called Retail Biggies like Mr. Biyani are also scared of it.
Some of the strongest enemies are politicians, biggies as mentioned above & unorganized players. As far as politicians are concerned they understand things but pretend as if they don’t. Because it’s not growth of country rather swell of their polls is what matters them. Biggies are afraid rather scared of competition which global retailers will bring in. And the unorganized players are opposing may be because others are doing so.
But why are we worried when in retail industry across the globe, local companies have been leaders. Be it US, UK, Europe or any other nation for that matter. Some of the examples are Wal-Mart (US), Tesco (UK), Carrefour (France), Metro (Germany), Lianhua (China) and many others. So, why are Indian Retailers and Biggies afraid?
As far as politicians are concerned, they have their own theories which are illogical as well as impracticable. Aren’t they aware of the millions of employment and additional capital it will fetch to India? Can’t they see the growth it will bring to ancillary industries? FDI will bring the pending rationalization in India. It will ensure that middlemen are eliminated from the supply chain and consumers receive better bargain. At the same time it will benefit poor farmers with better and fare margins on their produce which are traditionally eaten up by middlemen’s. It will reduce suicides by poor farmers. But who cares? To say we are an independent and democratic country but we are dependent on opinions and mood of political leaders and their autocracy.
Indian Retail Industry is currently characterized by inflated real estate cost, bad infrastructure, local protests, unpredictable consumer behavior, unskilled staff, inefficient supply chain and logistics, political drama, higher taxation, loss making malls, proliferation of unplanned convenience stores, unfit formats, lack of optimizations, pilferages and wastages. Opening door to international organized players will result into moving up in our value chain. Indian retailers have to eliminate the above inefficiencies from their business system in order to sustain. And don’t you think that Indian being one of the fastest growing economies with rising consumerism and expanding middle class have right to experience better proposition?
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Rajeev Damani 
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