A regulatory framework to push the country's exports through e-commerce medium is expected to be ready by September, a top government official said on Tuesday.
Commerce Secretary Sunil Barthwal said that at present India's exports through this medium are only about USD 5 billion as compared to China's USD 300 billion, annually.
He said there is a huge potential to boost these exports. In this regard, a meeting was held in the ministry on Tuesday with concerned departments such as revenue and industry representatives from areas like logistics and marketplace platforms.
"We are working on setting up e-commerce export hubs in the country. We discussed on its framework. It is in our 100-day agenda," Barthwal told reporters here.
When asked about the timeline for the framework to be ready, he said by September.
There is a potential to take it to USD 50-100 billion in the coming years.
Through these hubs, small producers will be facilitated to sell to aggregators and then that aggregat
