Amazon calls on India not to alter e-commerce investment rules – sources
By Aditya Kalra
NEW DELHI (Reuters) – Amazon requested the Indian authorities on Thursday not to change e-commerce abroad investment rules until investigations into its enterprise practices had been concluded, two sources accustomed to the discussions suggested Reuters.
The commerce ministry met e-commerce players after allegations by retailers, which can be an vital part of Prime Minister Narendra Modi’s help base, that Amazon and Walmart’s Flipkart create sophisticated buildings to bypass federal abroad investment rules and harm small retailers.
Both firms deny any wrongdoing and say they’re serving to small firms in India.
New Delhi has been considering revising e-commerce abroad investment rules for weeks. The remaining time they’ve been modified, in 2018, it compelled Amazon and Flipkart to rework their enterprise buildings and soured commerce relations between India and …