India amended FDI rules to boost e-commerce exports, open global markets for small businesses: Piyush Goyal
Jaipur, Aug. 7 -- India has recently amended its foreign direct investment (FDI) regulations to facilitate large-scale e-commerce trade and help small businesses, artisans, farmers and fishermen access wider markets, Union Commerce and Industry Minister Piyush Goyal said on Friday.
Speaking to the media following the BRICS Trade and Industry Ministers' Meeting in Jaipur, Goyal said the changes would facilitate e-commerce trade in products including handlooms, handicrafts, textiles, footwear and food products.
"We have recently amended FDI regulations to facilitate large-scale e-commerce trade for products such as handlooms, handicrafts, textiles, footwear, and various everyday items, including food products, that consumers typically pur...
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