India looking at foreign e-commerce investment
Updated Feb 11, 2021 05:07 am
- India is looking into its foreign investment rules governing the e-commerce sector to ensure that the industry follows the spirit of the regulations and maintains a level playing field for all sellers on the platforms, the trade minister said.
- The comments by Piyush Goyal on Tuesday are the first direct confirmation of the internal deliberations, after Reuters last month reported that India was considering revising its foreign investment rules for e-commerce. New rules may compel companies such as Amazon.com Inc to restructure their ties with some major sellers.
local_offerTags: invvestment e-commerce foreign trade
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