The India Retail Forum (IRF) 2012, beginning 10th October at the Renaissance, Mumbai, will kick-start with an interesting and enlightening session on FDI in retail. The session on the much-debated topic will present the views of the policy-makers, retail industry CEOs, think-tank experts, and retail trader’s associations on the very first day of the two-day event in order to have the most definitive words on the subject.
The engaging debate will track the Indian retail industry’s agenda for the economic and social development and how modern retail would play a vital role in spurring the nation’s overall growth. While large sections of policy-makers acknowledge the benefits of modern retail, there still remain a contrarian viewpoint opposing FDI in modern retail. The session will highlight the benefits of modern retail discussing the employment opportunities, facilitation of indirect tax collection, and foreign investments.
The participants will try and chart the right course of action where global and Indian retailers can both participate in a mutually beneficial environment of open investment facilitated by the government.
Since its inception in 2005, IRF has been on the forefront of strategic issues related to modern retail in India. Positioned as the knowledge platform for the retail industry, it is regularly graced by industry leaders, policy-makers, infrastructure developers, business facilitators and academia, making it the flagship industry event in the country.
