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India allows FDI in ecomm inventory model for exports
The restrictions on foreign investment in inventory-based ecommerce will “not apply in case of exports of domestically manufactured and/or produced goods/products,” the Department for Promotion of Industry and Internal Trade (DPIIT) said in a Press Note. The government has been considering this since last year in a broader effort to boost Indias exports without impacting the businesses of small retailers, people aware of the matter said.
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economictimes.indiatimes.com
Govt opens inventory-based e-commerce to foreign direct investment for exports only
The government has permitted foreign direct investment in an inventory-based e-commerce model. This new policy exclusively applies to the export of Indian manufactured goods. It…
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thehindubusinessline.com
India opens inventory-based e-commerce to FDI for export of domestically made goods
The government has amended the FDI policy to allow inventory-based e-commerce for exports of India-made goods, aiming to boost global market access for sellers.
