Is Investing in India a fix for foreign retailers?

The foreign super markets would be considering Narendra Modi‘s victory in Indian Election as a bad news in India. His party has said that it would not permit any foreign supermarkets entering India in BJP-led government if it were to win the general elections. Some of the retailers would be fuming over this decision of BJP in India. Tesco of Britain, which has approval from the Government of Congress party for initiating a joint venture with the cooperation of Tata Group, might lead to drop its future plans. Most of the mom and pop stores located in India are relying on the Modi’s government, as they are the strongest supporters of the BJP. Additionally, the party mentions it in its manifesto that foreign direct investment is practically welcomed in every other industry but not in this one. The party officials have also committed to cut the red tape by expediting the clearances of the projects and therefore making India the most convenient place for doing business. 

Overall, BJP‘s message has raised expectations as well as fears about the election outcome, and if it gets reversed and the investment in the country will get deteriorated, then the investing companies will be on disappointing end.