Amazon’s billion-dollar investment pledge isn’t doing India any favours – commerce minister

PressBee - Russia Today :


India’s Minister of Commerce and Industry Piyush Goyal has warned US e-commerce giant Amazon not to exploit any loopholes in the law as the company plans to expand in the country.
“Message to investors is please follow letter and spirit of the law. Amazon is not doing a favour to India by investing a billion dollars,” Goyal said on Thursday, as cited by media.
The minister is reportedly not going to meet Amazon CEO Jeff Bezos, who is currently visiting India. Apart from the billion dollar investment, which is aimed at bringing millions of Indian businesses online, the billionaire pledged to export $10 billion worth of Indian products b

Amazon’s billion-dollar investment pledge isn’t doing India any favours – commerce minister