“We are extremely pleased with the Foreign Trade Policy 2015 announced today by Ministry of Commerce and Industry. The policy is a recognition of the contribution made by small time retailers / MSMEs who export via ecommerce to the exchequer. The policy will provide a fillip to such retailers, as they will not only be able to ship small consignments via courier but also reduce their burden on transaction costs. With focus on handloom products, the guidelines will also boost the Make in India campaign by the Hon’ble Prime Minister.
eBay India has been at the forefront of promoting retail exports with over 15,000 e-commerce sellers using the platform to sell across 206 countries. According to the eBay India Online Business Index, the online export entrepreneurs employ an average of 6 full time staff and the FTP will help generate employment opportunities as well.”