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India's E-Commerce and FDI

India's E-Commerce and FDI

Updated On:13-June-2015

The ecommerce in India is in a current business trend now. The honorable Indian Prime Minister Narendra Modi's government could allow foreign direct investment in India in the e-commerce sector as early as possible. This is expected to be in existence by next month which will help the global online retailers to expand their business.
A more robust online retail sector will spur manufacturing and help an economic revival, said the people, who are privy to discussions within the new government. An announcement is expected in next month's budget.
India currently bans global online retailers from selling goods directly to customers but allows them to own 100 percent of a marketplace business but the third-party suppliers can use their platform for their online business.

Source From

:

profit.ndtv.com

Image From

:

financial express
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