Some representations to remove the ban on retail trading through e-commerce have been received.

As per the extant Foreign Direct Investment (FDI) policy, FDI, up to 100%, is permitted under the automatic route, in business-to-business e-commerce. Retail trading, in any form, by means of e-commerce, is not permissible for companies with FDI. No proposal for amendment of this policy, is under consideration.

This information was given by the Minister of State of Commerce & Industry, Dr. S. Jagathrakshakan in a written reply in the Lok Sabha today.

DS/RK

(Release ID :92976)

Ban on FDI in retail e commerce remains; FDI permitted for business to business e commerce under automatic route. The prevailing policy permits Foreign Direct Investment up to one hundred percent under the automatic route for business to business e commerce, while retail trading by means of e commerce is not permissible for companies with FDI; no proposal for amendment of this policy is under consideration.