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Modern Retail in India has seen a significant growth in the past few years. With large scale investments coming from the big Indian corporate houses such as Reliance, Bharti, etc, primarily in Food and Grocery retailing, the Indian retail industry has witnessed a renaissance. With changing consumer behavior and with the India's need of technological and infrastructural development, now the wind is blowing towards allowing 100% FDI in multi brand retailing in India. And, if this happens, then it will have a game changing impact on the modern retail in India. FDI in Indian retail sector has opened doors for the foreign investors like Wal-Mart, etc; to invest in lucrative and still untapped Indian retail market and this is destined to change the retail landscape forever in India. Number of factors like stable economic policies, availability of cheap and quality human resources and raw material, opportunities of new unexplored markets and a number of macroeconomic factors have catch the attention of the foreign investors towards India retail sector. The research findings indicate that with FDI in Indian retail sector, middlemen will be eliminated from the supply chain; direct market accessibility to farmers will give them a better price for their produce and hence increased profits; enhanced competition will benefit consumers and the government revenues will rise too. This paper concludes with the opportunities and the latest developments in the Indian retail sector. Keywords: FDI in Indian retail sector, Modern retail in India.

FDI - have a game changing impact on the modern retail sector in India