Traders body AICPD and NGO Prahar in an open letter on Thursday asked Amazon to back off from blocking the Reliance-Future Group deal, alleging mall vendors and suppliers have become collateral damage in the current tussle between the companies. Around 6,000 Indian small vendors and suppliers have dues of Rs 6,000 crore (USD 800 million) from the Future Group. These dues are pending for payment since March 2020. The announcement of Future-Reliance deal in August 2020 had given us hope that our dues will be cleared soon, All India Consumer Products Distributors Federation (AICPD) and Public Response Against Helplessness and Action for Redressal (Prahar) said in the letter.
Traders body urges Amazon to back off from RIL-Future deal
Around 6,000 Indian small vendors and suppliers have dues of Rs 6,000 crore from the Future Group, traders body AICPD said in an open letter
PTI | March 4, 2021 | Updated 20:10 IST
Amazon
Traders body AICPD and NGO Prahar in an open letter on Thursday asked Amazon to back off from blocking the Reliance-Future Group deal, alleging mall vendors and suppliers have become collateral damage in the current tussle between the companies. Around 6,000 Indian small vendors and suppliers have dues of Rs 6,000 crore (USD 800 million) from the Future Group. These dues are pending for payment since March 2020. The announcement of Future-Reliance deal in August 2020 had given us hope that our dues will be cleared soon, All India Consumer Products Distributors Federation (AICPD) and Public Response Against Helplessness and Action for Redressal (Prahar) said in the letter.