Indian Government Operationalizes Inventory-Based Cross-Border E-Commerce Export Framework
The Indian government has officially implemented an inventory-based cross-border e-commerce export framework, allowing foreign e-commerce platforms to hold inventory of Indian-manufactured goods and export them through registered exporters (EOR) under certain conditions. This initiative aims to simplify export processes and promote Indian goods more efficiently through e-commerce channels to global markets.
What are the key facts?
- 1Operationalized inventory-based e-commerce export model
- 2Business must be conducted through registered exporters (EOR)
- 3Complies with 2023 foreign trade policy
What happened?
The Indian government has operationalized the inventory-based cross-border e-commerce export framework under the 2023 foreign trade policy. The policy mandates that interested enterprises conduct business through registered exporters (EOR), who are responsible for sourcing goods domestically and handling the entire export process. This aims to scale up Indian exports via e-commerce channels.
What does this mean for cross-border sellers?
For cross-border sellers in India, this means that export compliance thresholds are clearer, and utilizing the EOR model can facilitate more standardized inventory management and overseas sales. It is advisable to closely monitor the relevant registration processes.