Piyush Goyal Asks Ecommerce Players To Follow & Respect FDI Laws

Piyush Goyal said that the FDI norms are clear and he has been repeatedly asking the ecommerce companies to follow the rules

In August, the commerce minister said that Amazon plans to invest billions of dollars in the country only to offset its losses and not for any great service to support the Indian economy

Earlier this month, the ED conducted searches at some of the “main vendors” of ecommerce giants Amazon and Flipkart in connection with a probe into violations of FDI norms

Credit : inc42.com