PN-3/2018

On Dec 26, 2018, the government issued a Press Note 2 of 2018 (PN-2/2018) on FDI policy in B2C e-commerce. Through this, it replaced certain wordings of Press Note 3 of 2016 (PN-3/2016). Immediately thereafter, the government issued clarifications on PN-2/2018 reiterating that FDI in B2C e-commerce in multi-brand retail through inventory based model was never permitted ever since the policy came into existence through PN-2/2000.