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Apparel

No FDI breather for e-commerce

Though the Cabinet announced 51 per cent FDI in multi-brand retail, it has been limited to physical stores. So the entry of foreign-owned virtual stores – online e-commerce platforms – continues to be restricted. Department of Industrial Policy and Promotions (DIPP) have clarified through a notification that foreign firms, which are merely a “...

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Apparel

Assocham: Festive e-shopping to increase by 350%

E-Shopping during the forthcoming festive season is likely to move north by 350 per cent for a variety of products. And the Gujarati community will take a lead in shopping online, according to a report by industry body Assocham. The report said that people may buy mobile phones, e-tablets, consumer electronics, home appliances, home decor,...

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