The government is examining a proposal to allow e-commerce companies with majority foreign holdings to build their own inventory of goods for exports from India, commerce and industry minister Piyush Goyal said.

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.

The move will help increase e-commerce exports from India without impacting the business of small retailers, the minister said.

Unlocking a $300 billion export goal

Exports through e-commerce are a rapidly expanding segment in world trade. According to reports the global cross border e-commerce market size is expected to rise to over $ 550 billion in 2025 and further to $2 trillion by 2034. In comparison, India’

See Full Page