Government eases FDI rules for e-commerce companies aimed at export, first big relaxation in years
The Indian government has relaxed foreign direct investment (FDI) rules for e-commerce companies focused on exports, marking the first major change in years. This shift aims to provide clarity for businesses, although some experts warn it may favor foreign firms like Amazon at the expense of local traders. The policy change is expected to enhance India's competitiveness in the global e-commerce market.