Sellers seek FDI in inventory-based model of e-commerce for exports

The extant policy does not allow FDI foreign direct investment in the inventory-based model of e-commerce. It is allowed in firms operating through a marketplace model only. Director General of Foreign Trade Sarangi said that the e-commerce stakeholders have asked the department for the promotion of industry and internal trade (DPIIT) to relook the FDI policy on this issue.

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