Guidelines for foreign direct investment in e-commerce- (Ministry of Commerce and Industry) (29 Mar 2016)
MANU/INDP/0009/2016
Commercial
The Ministry of Commerce and Industry released guidelines for foreign direct investment in e-commerce, clarifying the policy contained in ‘Consolidated FDI Policy Circular’ 2015. The guidelines provide definitions for e-commerce and delineate marketplace based e-commerce from inventory based e-commerce.100% investment from foreign sources is permitted in the marketplace model whereas FDI is not permitted in inventory based e-commerce.
Tags : E-COMMERCE FDI MARKETPLACE INVENTORY
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