Impact of Foreign Direct Investment (FDI) In Select Indian Retail Companies - With Respect to Equity Investment
The paper aims to analyze the impact of Foreign Direct Investment (FDI) in terms of growth potential in retail companies. The impact measures with respect to investment of equity analysis that covers a period of ten years from 2001-2002 to 2005-2006 (Pre- period) and 2006-2007 to 2010-2011 (Post- period). The periods were divided on the basis of norms introduced by Foreign Investment Promotional Council, Government of India. This study highlights FDI equity investment enters the retail companies in India during the specific period on the select variable, which may create interest not only for the respective companies in the retail industry field. The researcher also used descriptive statistics like Mean (μ), Standard Deviation (σ), Co-efficient of Variance (CV), Compound Annual Growth Rate (CAGR) and Paired sample t-test from the analysis, it may be concluded that FDI has highly influenced the on equity capital of select retail companies in India. Hence the FDI in retail trade it is developing the sustaining modern market facilities and support investment avenue in India.
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