New Delhi - In an effort to spur international trade, the government is reportedly weighing the option of permitting inventory-led ecommerce models for exports. An NDTV report, citing sources, said that the commerce ministry has held consultations with ecommerce majors, logistics players and trader bodies to explore pilot projects enabling global platforms to source products directly from Indian sellers for overseas resale.
Under the current Indian foreign direct investment (FDI) rules, foreign-invested ecommerce platforms can only operate as marketplaces, not as inventory-based models. This means they cannot own inventory or sell directly to consumers; instead . . .
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