The manufacturing units in India have been aimed to sell their products through online portals very soon. So that they can directly deal with the consumers. At present, there is no policy with the regard to this by manufacturing units. The proposed move is aimed at boosting manufacturing sector in the country.
According to the proposal of the Department of Industrial Policy and Promotion (DIPP), those companies which are manufacturing in India and have FDI, even if it is up to 100%, would be permitted to sell their products through e-commerce platforms.
At present, manufacturing companies in sectors such as mobile phones and electronic items tie up with domestic e-commerce players to sell their products. The DIPP has approached the Cabinet on the issue and it is expected to take a decision on the matter soon, sources said.
The government has given a slogan of 'Make in India' to boost manufacturing activities in the country. Under the programme, the government is taking steps to improve ease of doing business in the country besides easing norms for foreign direct investment to attract overseas investments.
The government aims at increasing the share of manufacturing in the economic growth to 25% in the next one decade from the current 16%. It also aims at creating 100 million jobs during the period.