FDI can lead to retail growth: Experts

Marketing experts at a conclave,Ayatana-2013,organised by the Institute of Management at Nirma University on Saturday,said that liberal FDI regime in India had the potential to bring significant growth in the organised retail sector. Reliance Retail’s vice-president Darshak Mehta said that there was a lot of potential for growth in the organised retail sector due to shifting preferences of customers to organised hypermarkets. Senior vice-president and senior regional business manager of Kotak Mahindra Bank Narendra Agrawal stressed the role of technology and relationship building in retail banking.