Published Paper Details:

The Indian economy is the fourth largest economy of the world on the basis of Purchasing Power Parity (PPP). It is one of the most attractive destinations for business and investment opportunities due to huge manpower base, diversified natural resources and strong macro-economic fundamentals. Also, the process of economic reforms initiated since 1991 has been providing an investor-friendly environment through a liberalised policy framework spanning the whole economy, were retail industry plays a major role.Retailing in India is one of the pillars of its economy and accounts for about 15% of its GDP.India's retail and logistics industry, organized and unorganized in combination, employs about 40 million Indians (3.3% of Indian population).The Retail Business in India is currently at the point of inflection. Current paper deals with a critical analysis of the prospects and problems of introducing FDI in Indian retail industry in past years with special emphasis on multi brand retail. The study will cover the majoraspects of FDI intervention, its positive and negative bearings on Indian retail industry. As now FDI has allowed in most of the industrial sector.In current economic & social conditions, FDI can be a hope for development or it can be a threat to domestic players & other related intermediaries. Many experts believe that FDI can bring positive changes, but on the other hand some critics have spoken adversely about this move. Present study is an effort to evaluate the pros and cons of FDI in Indian retail Industry in multi brand as we already seen its effect on single brand. It is a review based analysis.