Foreign-funded Indian Firms May Get Govt’s Nod To Sell Online
Advertisement
Advertisement
Advertisement
In a move to prop up manufacturing, the government may allow foreign-funded Indian companies to sell products online, provided they make more than three-fourths of their product range in the country.In his budget speech, Finance Minister Arun Jaitley had said that manufacturers would be allowed to sell goods online even if they have foreign investment, provided they manufacture their products domestically. The present
"We are trying to find some solution to that and help an Indian brand grow big. Those manufacturing in India should be allowed to sell online. We will need to tweak the policy suitably," said a
Just a day before leaving for the US, Prime Minister Narendra Modi had launched the 'Make in India' campaign in the presence of CEOs and industry leaders, and pledged to create a transparent and secure environment for doing business in India.
Image: Thinkstock
Advertisement
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market