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Representations to remove the ban on retail trading through e-commerce received

Ban on FDI in Retail E-commerce Business

Some representations to remove the ban on retail trading through e-commerce have been received.

As per the extant Foreign Direct Investment (FDI) policy, FDI, up to 100%, is permitted under the automatic route, in business-to-business e-commerce. Retail trading, in any form, by means of e-commerce, is not permissible for companies with FDI. No proposal for amendment of this policy, is under consideration.

This information was given by the Minister of State of Commerce & Industry, Dr. S. Jagathrakshakan in a written reply in the Lok Sabha today.

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eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

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