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Setback for Amazon as India plans rework of e-commerce FDI policy

India planning tighter FDI rules for e-commerce sector SECTIONS Last Updated: Jan 20, 2021, 12:54 AM IST Share Synopsis FDI Rules for E-Commerce: DPIIT may issue a clarification through a Press Note, expressly prohibiting e-commerce platforms such as Amazon India and Walmart-Flipkart from holding stake in a seller, directly or indirectly. ETtech A rework of India s FDI rules for e-commerce forced Amazon and Flipkart to rework their business structures and soured relations between India and the US. New Delhi: India is likely to tighten the foreign direct investment (FDI) rules for e-commerce to check companies set up by the online marketplaces from trading on their own platform.

India considers revising foreign investment rules that could hit Amazon

Government plans foreign investment rule changes that could hit Amazon

Government plans foreign investment rule changes that could hit Amazon Top Searches Government plans foreign investment rule changes that could hit Amazon Reuters / Jan 19, 2021, 18:36 IST FacebookTwitterLinkedinEMail (File photo) NEW DELHI: India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers. The government discussions coincide with a growing number of complaints from India s bricks-and-mortar retailers, which have for years accused Amazon and Walmart Inc-controlled Flipkart of creating complex structures to bypass federal rules, allegations the US companies deny.

Narendra Modi Government Will Change E-commerce Foreign Investment Rules | ई-कॉमर्स में विदेशी निवेश के नियम बदल सकती है सरकार, जिस कंपनी में हिस्सेदारी होगी उसके प्रोडक्ट नहीं बेच सकेंगे ये प्लेटफॉर्म

Narendra Modi Government Will Change E-commerce Foreign Investment Rules | ई-कॉमर्स में विदेशी निवेश के नियम बदल सकती है सरकार, जिस कंपनी में हिस्सेदारी होगी उसके प्रोडक्ट नहीं बेच सकेंगे ये प्लेटफॉर्म
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