Thursday, November 15, 2012

FDI RESTRICTION ON E-COMMERCE TO STAY

The government's decision to allow foreign supermarket chains will not be allowed to sell
products through e-commerce, the official in the Department of Industrial Policy & Promotion.
While foreign investment is allowed in various non-store format activities such as mail order
and e-commerce as long as it is B2B (business-to-business), we are not permitting it for B2C
(business-to-consumer) activities.

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