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Abstract
The Indian retail industry is one of the fastest growing economies in the world. Foreign capital is seen as a way of filling in gaps between domestic savings and investment.Foreign direct investment is one of the measures of growing economic globalization. Investment has always been an issue for the developing economies such as India.The world has been globalizing and all the countries are liberalizing their policies for welcoming investment from countries which are abundant in capital resources. Government has put in place an investor friendly policy on FDI, under which FDI up to 100%, is permitted on the automatic route in most sectors/ activities.It has been felt that the country has potential to attract far more foreign investment which can be achieved by further liberalizing and simplifying the FDI regime. Accordingly, the Government has decided to introduce a number of amendments in the FDI Policy