Commerce Ministry explores export-only inventory model to lift India’s e-commerce trade
By
Binu Mathew
The ministry of commerce and industry has started consultations with other departments and ministries on allowing e-commerce companies with majority foreign shareholding to build their own inventory of goods for exports from India.
Under the existing rules the foreign e-commerce companies can only operate as marketplaces in the domestic market and are not allowed to hold their own inventory and sell it on their own account.
