US lobby group urges India not to make foreign e-commerce rules more stringent
US lobby group urges India not to make foreign e-commerce rules more stringent India is considering revising the rules after traders in the country accused Amazon's Indian division and Walmart's Flipkart of creating complex structures to bypass investment regulations Reuters | January 30, 2021 | Updated 15:29 IST In 2018, India changed its foreign direct investment (FDI) rules to deter foreign firms offering products from sellers in which they have an equity stake A US lobby group which represents firms including Amazon.com and Walmart has urged India not to tighten foreign investment rules ...