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It will be of benefit to the F only. And the F will make the best of it.
I am not a protectionist but this move doesn't enthuse me in the least. Retail is one of the worst kind of foreign investment. There is very little gain for the host country. No transfer of technology, no training except in abject servility (How may i help you sir?). What problem does Manmohan expect the foreign companies to solve that the Spars and Big Bazaars and Flipkarts can not solve?
The Govt should be trying to boost manufacturing jobs. But with Mamtas and Manesar around, the future of manufacturing looks bleak. I guess the Congress vision 2020 is everyone working for walmart selling each other toilet paper.
Hoping to get USHER BS speakers at such a price that
if i drop shopping for one pair of jeans i would get a pair of speakers delivered with the money !
or USHER will make KHADIM brand of speakers for <2K range