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India won't allow multi-brand retail by foreign companies, says Goyal

He said provisions regarding the data in the e-commerce policy is being addressed by the Ministry of Electronics and Information Technology (MeitY)

Piyush Goyal
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Piyush Goyal | File photo

Subhayan Chakraborty New Delhi
Commerce and Industry Minister Piyush Goyal has asked traders and retailers to send suggestions regarding the draft e-Commerce policy to his ministry in the next five days.

In a meeting with the trader community on Wednesday, Goyal also reiterated that India will not allow multi-brand retail by foreign companies.

Addressing traders’ concerns, Goyal said that no entry will be allowed for multi-brand retail on the pretext of Business-to-Business enterprise.

He said provisions regarding the data in the e-commerce policy is being addressed by the Ministry of Electronics and Information Technology (MeitY). He assured traders the e-commerce policy, currently on the anvil for more

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