Ecommerce

India Relaxes FDI Rules for E-commerce Exports of Domestically Made Goods

India's Department for Promotion of Industry and Internal Trade (DPIIT) has eased foreign direct investment (FDI) restrictions on inventory-based e-commerce, but *only* for the export of goods manufactured or produced within India. This strategic move aims to significantly boost the country's exports while continuing to safeguard small domestic retailers from direct competition with large foreign-backed e-commerce entities.