Re-read the case "Foreign Direct Investment in Retailing in India," and answer the following questions:

a)What benefits could foreign retailers like Tesco and IKEA bring to India? Do you see any drawbacks?

b)For years, India prevented foreign retailers from developing a presence in the country. In 2012, regulations were changed to allow foreign retailers to enter the market as long as they sourced 30 percent of their inventory locally. IKEA made the decision to comply with the policy and expand into the country, but other retailers, like Apple, did not. Discuss these responses.