Introduction
India is a land of retail democracy in which thousands of weekly Hafts, Bazaars are located our
country by people’s owned self organizational capacities and interests. India has11shops
per1000people and number around15millions, giving India the highest retail shop density in the
world. Despite of that, India had severe scarcity of capital resources since independence. That
welcomes foreign investment in a restricted manner, since these five year plan period
since1956?1961greater emphases was given to Industrialization which led to development of the
local industries.