‘FDI in retail will benefit farmers and  consumers’

Pranab Barua, Business Director, Apparel & Retail Business, Aditya Birla Group, says the Government’s decision to allow FDI in the retail sector will bring investments and technology into the industry.

“This move will increase competition and improve customer service, ultimately benefiting farmers and consumers. However, as we have not seen the fine print, we will need to study the impact at the state level and the ability to implement the policy will depend on how many states will opt for it,” said Barua.

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