FDI: Sellers seek FDI in inventory-based model of e-commerce for exports
The extant policy does not allow FDI foreign direct investment in the inventory-based model of e-commerce. It is allowed in firms operating through a marketplace model only. Director General of Foreign Trade Sarangi said that the e-commerce stakeholders have asked the department for the promotion of industry and internal trade (DPIIT) to relook the FDI policy on this issue.
Department Of Revenue Director General Foreign Trade Santosh Kumar Sarangi Inventory Based Model Marketplace Model
Source: indiatimes.com