AMZN — India permits foreign e-commerce firms like Amazon, Flipkart to build export inventories

The Indian government has revised its foreign direct investment policy for e-commerce, now permitting foreign-owned platforms to maintain inventories for export purposes. This policy shift is expected to benefit major players such as Amazon and Walmart-owned Flipkart by streamlining their ability to export 'Made in India' goods. The move aims to boost India's position as an export hub.