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Foreign firms want say in India's e-com policy discussions

28
Sep '18
Foreign firms want say in India
Foreign companies, upset at not being consulted in the initial round of discussions on the e-commerce policy, have approached the Indian Government to be consulted by the committee of secretaries. The government had invited only companies with Indian-led promoters to be part of the task force that deliberated on the draft policy in the first stage.

According to US-India Strategic Partnership Forum (USISPF) chief Mukesh Aghi, the government did not involve some key foreign companies in the formal process of drafting the policy despite their substantial contribution to the growth of e-commerce sector in the country.

USISPF has reached out to the ministry of commerce to be formally included in drafting the e-commerce bill, Aghi told a top Indian business daily.

Nisha Biswal, president of US-India Business Council, said the body was willing to work with the Indian Government to find solutions to the government’s concerns without imposing unnecessary and burdensome regulations.

The first draft of the e-commerce policy was recently dropped and a new committee of secretaries, chaired by Ramesh Abhishek, secretary in the Department of Industrial Policy and Promotion (DIPP), was formed. (DS)

Fibre2Fashion News Desk – India


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