Question : Retail Marketing Companies

(a) whether multinational companies of several countries including companies of indigenous big industrial houses are working in retail market of the country;

(b) if so, the number of multinational companies and the companies of indigenous big industrial houses working in retail market of the country during the year 2014- 15, 2015-2016 and 2016-2017;

(c) whether the entry of these companies has expedited the pace of economic growth in the country; and

(d) if so, the details thereof?

Answer given by the minister

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THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI C.R. CHAUDHARY)

(a) & (b): Consolidated data in respect of multinational companies including companies of indigenous big industrial houses working in retail market of the country is not centrally maintained.

(c) & (d): No assessment regarding impact of these companies in retail sector on the pace of economic growth has been made.


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