The minimum investment is deemed to be around USD 100 million.

justify"> Here are a few benefits of FDI in retail: Fortunately, India is the second largest producer of fruits and vegetables. Deplorably, we are not able to make the best use of this natural production of fruits and vegetables because of infrastructural incapability. FOREX is an economic indicator of foreign reserves. Due to FDI, FOREX reserves may be boosted. To control inflation and to reduce pre-harvest wastage, FDI is a handy tool present in the arsenal of Government of India. To obviate the vested interests of greedy retailers and avaricious business outlets, the importance of FDI requires a special mention. To ensure a robust competition among various business outlets and to ensure better Quality of Service to customers, FDI is always a ‘Yes.’ Unemployment in India is on the rampage. To do away with unemployment and improve the percentage of working population, Government of India endorsed US based companies such as Walmart, Cox communications etc. To leverage the business expertise and technical expertise of Indian personnel, FDI is advocated. Due to FDI, lucrative revenue is always in offing. As a consequence, GDP of India is bound to receive impetus. As corporate tax is the largest source of revenue to the Government of India, India can further add quality to its glittering GDP. To all intents and purposes, FDI should be encouraged. India is indeed an overwhelming favorite to foreign investors!