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Amazon, Walmart likely to approach US for help on India's ecommerce policy, says report
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Amazon, Walmart likely to approach US for help on India's ecommerce policy, says report
Aug 1, 2018 3:56 AM

Ecommerce majors Amazon and Walmart feel India's draft ecommerce policy is “heavily tilted” against the foreign firms and may seek the help of the US in case the final policy is not moderated, reported The Economic Times.

“We expect a barrage of letters to be exchanged between US authorities and the Indian government, in case the policy doesn’t become more evenhanded,” sources told the paper.

“Welcome to China,” one of the sources told the paper, referring to one of the proposals in the policy which allows Indian-owned and Indian-managed marketplaces the option of holding inventories.

“This policy at least shows a direction that we want to go the Chinese way,” the executive quoted earlier said, adding the proposed regulator is the “biggest concern” for them.

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