Legal Capsule:Consolidated FDI Policy onE-Commerce by Economic Laws Practice

The Department of Industrial Policy and Promotion (DIPP) has issued Press Note 2 on 26 December 2018 (Press Note), which has amended the Consolidated FDI Policy issued on 28 August 2017 (FDI Policy)  in relation to foreign direct investments in the e-commerce sector. The changes are material and may significantly impact the structure and business models of various e-commerce marketplaces (