date:Aug 03, 2018
agement must rest with resident Indians and such entities would be allowed to hold their own inventory of locally-produced goods, a concession which was not applicable for majority foreign-funded companies. India has also allowed 100 per cent FDI in food retail manufactured and produced locally.
According to the draft, the government is planning a single legislation to regulate all aspects of the e-commerce business, and is also exploring the idea of appointing a regulator to monitor all sector