Home / Knowledge / News / Textiles / Manufacturers urge govt to permit FDI in e-retailing
Manufacturers urge govt to permit FDI in e-retailing
Aug '15
Demands are rising from different industry sectors for opening up the economy. Three associations from textiles, MSME and gems and jewelry sector have asked now the government to permit foreign direct investment (FDI) in e-retailing.

In a letter to commerce and industry minister Nirmala Sitharaman, the Textile Association of India, All India MSME Association and Gem and Jewelry Trade Council have urged her to review the policy of opening the business-to-consumer (B2C) e-commerce sector to FDI.

"Opening the B2C model will enable manufacturers to sell directly to e-commerce companies who can then use their own inventory and supply chain to sell it directly to the consumers," Textile Association of India said in a statement.

Currently, 100 per cent FDI is permitted for B2B e-commerce but it is prohibited in B2C.

E-commerce is emerging as a strong channel driving consumption and growth in the country, it said adding that the platform has enabled manufacturers to access wider distribution and marketing channels at much lesser prices.

"They are now able to access a wider national and even global market at the click of a button. This will also give the manufacturers access to a reliable and faster supply chain for the delivery of their products," the statement said.

TAI national president Arvind Sinha said that the government should open e-commerce to FDI to enable growth of manufacturing.

"The e-commerce platform has enabled many small jewelry designers and manufacturers to scale quickly; and over the next few years, the online jewelry space is estimated to grow by 60-70 per cent annually," Gem and Jewelry Trade Council of India president Shantibhai Patel said. (SH)


Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Larry L Kinn
Suominen Corporation

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search