i) A manufacturer is permitted to sell its products manufactured in India through e-commerce retail.
ii) A single brand retail trading entity operating through brick and mortar stores, is permitted to undertake retail trading through e-commerce.
iii) An Indian manufacturer is permitted to sell its own single brand products through e-commerce retail. Indian manufacturer would be the investee company, which is the owner of the Indian brand and which manufactures in India, in terms of value, at least 70% of its products in house, and sources, at most 30% from Indian manufacturers.
Recently, with the objective of bringing clarity on the FDI policy on e-commerce sector, the Government introduced Guidelines for Foreign Direct Investment (FDI) on e-commerce and clarified that 100% FDI under automatic route is permitted in marketplace model of e-commerce and FDI is not permitted in inventory based model of e-commerce.
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today.
– BCMA-CD19 compound CAR (cCAR) therapy was safe and well tolerated and achieved proof of…
Purchase $25 + $2 to redeem one Pokémon builder Free redemption is reintroduced now: Collect…
LONDON & NEW YORK & HONG KONG--(BUSINESS WIRE)--Options Technology, a trailblazer in capital markets infrastructure,…
HONG KONG SAR - Media OutReach Newswire - 23 May 2024 - Speaking to Pearl…
LONDON--(BUSINESS WIRE)--SmartStream, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announces two rankings in…
Compared to two standard 1U rack servers, the K22V2 improves cooling efficiency by 40%, and…