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Tag: Union commerce and industry minister

Review Of FDI In Multi-Brand Not Under Consideration
Apparel and Textile News

Review Of FDI In Multi-Brand Not Under Consideration

“There is no proposal under consideration of the government to review the FDI policy on multi-brand retail,” union commerce and industry minister Nirmala Sitharaman said in a written reply to the Lok Sabha. The current foreign direct investment policy permits overseas players to hold 51 per cent stake in an Indian retail company. So far, […]

FDI
Apparel and Textile News Apparel Brands and Companies Ministry of Textiles News

FDI In E-Commerce Retail Not Under Consideration

Allowing foreign direct investment (FDI) in India’s e-commerce retail sector is not among the plans being considered by the government at present, union commerce and industry minister, Nirmala Sitharaman has said. In a written reply to Rajya Sabha, she said, “No such proposal is under consideration of the government” At present the government is holding […]

Nirmala Sitaraman
Apparel and Textile News Apparel Brands and Companies

E-Commerce Policy Discussed At A Meeting

Union commerce and industry minister, Nirmala Sitharaman discussed the ecommerce policy framework with state industry ministers at a meeting in New Delhi yesterday and explored the possibility of allowing foreign direct investments in consumer ecommerce, officials said. “A whole gamut of issues on ecommerce was discussed with the states covering taxation, FDI policy framework and […]