Poke Me: Opening up to FDI is the answer to sustaining India’s retail e-commerce (Readers' React)

This week's "Poke Me" invited your comments on "Opening up to FDI is the answer to sustaining India’s retail e-commerce". Here are the selected opinions that were published in the ET print edition on Saturday. (Read full article here)

Anant Sethia ( Kolkata)

The only people I see being hurt by FDI in e-commerce are the middlemen. The e-tailers would likely be setting up large operations and would source directly. Seems like a win-win situation for consumers (as goods become cheaper), businesses (as they get more revenue) and the country (as GDP and growth will be boosted).

Anupam Gupta (NetProphets)

e-Commerce has provided the best platform for boosting the growth of small industries and with the right impetus by Make in India, it could transform the development of small and medium enterprises.

Ankit Sood (Kartrocket)

Liberalising e-commerce won’t hurt offline retailers since online retail is a technology platform that enables small businesses (80% of Indian firms) to grow, provides easier access and convenience to consumers and has spurred an entire generation of entrepreneurs.

Aamir Jariwala ( Karma Recycling)

Niche businesses offering unique services are going online to cut costs. However, funding still remains a challenge for the small and medium-sized e-commerce players. FDI in the e-commerce space will not only create a level playing field but also boost allied sectors such as manufacturing and logistics.

POKE ME will appear every Saturday. The article will first appear on www.economictimes. com every Wednesday morning. Do check what we poke you next with on July 1.