Abstract : India is the second fastest growing economy in the world, third largest economy in terms of GDP, and fourth largest economy in terms of purchasing power. Keeping this view the researchers has critically analyzed the FDI in retail sector in India. It examined retail industry in India, FDI policy of retailing in India, Reviews of opinion, SWOT analysis, single and Multi- brand retailing, sector wise FDI inflow, year wise FDI inflow, sector specific limits of FDI in India. The study is based on secondary and web based information. Researcher had discussed with retailers, bankers, academicians, government officials, political leaders, newspaper reporters and general public on this issue.