• Small Traders:
    • The text implies a negative impact due to increased competition.
    • Large e-commerce firms can offer discounts that competitors cannot match.
    • This can skew the playing field against small traders.
  • Domestic Manufacturers:
    • The text mentions FDI in multi-brand retail is allowed for food products sourced from Indian farmers or manufactured/produced in India.
    • This could potentially benefit domestic manufacturers by creating demand for their products.
    • However, the overall impact depends on the competitive dynamics.