Home / Knowledge / News / Apparel/Garments / Relax FDI norms on B2C ecommerce: Amazon to Indian govt
Relax FDI norms on B2C ecommerce: Amazon to Indian govt
Feb '13
World’s largest online retailer Amazon.com has urged the Government of India to relax norms for foreign direct investment (FDI) in business-to-consumer (B2C) ecommerce.
At present, India’s FDI policy does not allow FDI in B2C ecommerce and easing of rules would enable global online retail firms to sell directly to consumers in India.
In September last year, while notifying the decision to allow FDI in multi-brand retail sector, the Indian Government made it clear that the companies with FDI would not be permitted in retail trading by means of ecommerce.
Speaking to reporters after his meeting with India’s Commerce & Industry Minister Anand Sharma, Mr. Paul E Misener, global vice president of Amazon, said, he had discussed the issue of relaxing FDI rules on B2C ecommerce with the Minister.
Amazon is trying to find a better way to serve Indian customers, both sellers and buyers, and all kinds of issues were discussed with the Indian officials, Mr. Misener said.
Founded in 1994, Amazon is an American multi-national company that operates separate retail websites for nations like United States, Canada, United Kingdom, France, Germany, Austria, Italy, Spain, Japan and China.
Last December, Amazon forayed into the world of fashion by launching its maiden online apparel retail outlet, meant only for its UK customers. 
The online shop offers apparels from finest designer brands like 7 For All Mankind, Pringle and Black Orchid and its recently launched collections include a wide array of lingerie, jeans, coats, jackets, t-shirts and dresses.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 17th Jan 2017

GST rollout from July 1; states to control small taxpayers

The Centre and states have reached a consensus on the issue of dual...

Textiles | On 17th Jan 2017

Reliance Industries net increases 3.6% in Q3FY17

In the three months ended December 31, 2016, India’s biggest private...

Textiles | On 17th Jan 2017

IMF projects advanced economies to grow at 1.9% in 2017

Advanced economies are projected to grow by 1.9 per cent in 2017 and...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search