| Thread Tools |
29th December 2018, 10:11 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,802
| Indians restrict US e-commerce outfits No affiliated companies or special discounts US e-commerce giants have been banned by the Indian government from selling products supplied by affiliated companies on their Indian shopping sites and from offering their customers special discounts or exclusive products The new policies could force significant changes in the India strategies of the retail giants. The move might stop Amazon competing with independent sellers and end its offerings of proprietary products like its Echo smart speakers in India, its top emerging market. Walmart spent $16 billion this year to buy 77 percent of Flipkart, India's leading online retailer. The new rules could hamper its strategy of selling clothing and other products under its own private brands and prevent it from using its supply-chain expertise and clout with retailers to drive down prices for Indian consumers. Prime Minister Narendra Modi of India asked the foreign companies to invest more in the country after his 2014 election victory but they did not really listen and his government has become increasingly more protectionist as his party's re-election prospects have dimmed. Modi has increasingly sought to bolster Indian firms and curb foreign ones through new policies, including one that requires foreign companies like Visa, Mastercard and American Express to store all data about Indians on computers inside the country. https://fudzilla.com/news/47846-indi...mmerce-outfits |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Indians tell Apple it will not get special tax treatment | Stefan Mileschin | WebNews | 0 | 11th December 2017 19:26 |
US Chamber of Commerce suing Seattle over ridesharing unions | Stefan Mileschin | WebNews | 0 | 6th March 2016 11:16 |
States can no longer restrict city-run broadband internet | Stefan Mileschin | WebNews | 0 | 27th February 2015 06:12 |
Motorola’s Moto G will be available exclusively on e-commerce stores in India | Stefan Mileschin | WebNews | 0 | 22nd January 2014 07:28 |
Google acquires e-commerce company Channel Intelligence for $125 million | Stefan Mileschin | WebNews | 0 | 7th February 2013 06:43 |
Indians migrated to Australia 4,000 years ago | Stefan Mileschin | WebNews | 0 | 16th January 2013 07:43 |
Do Limited Wi-Fi Channels Restrict Network Availability? | Stefan Mileschin | WebNews | 0 | 23rd November 2012 08:44 |
Restrict downloads/user | biCker | General Madness - System Building Advice | 4 | 9th February 2007 08:31 |
ATI Technologies Launches Full-Service E-Commerce Operations | Sidney | WebNews | 0 | 20th July 2004 03:56 |
Thread Tools | |
| |