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FDI In Inventory-Based Ecommerce For Exports: Commerce Ministry Seeks Comments
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SUMMARY
The commerce and industry ministry has circulated a note on allowing foreign direct investment (FDI) in inventory-based ecommerce models, solely for exports
The proposal is aimed at boosting India’s exports without denting small retailers and businesses
Currently, India prohibits 100% FDI in inventory-led ecommerce but is allowed in ecommerce platforms which are operating as marketplaces
The commerce and industry ministry has reportedly circulated a note on allowing…
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