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Amazon’s investment in India to make up for its losses; not to support Indian economy: Goyal

Amazon’s investment in India to make up for its losses; not to support Indian economy: Goyal

Goyal said that Amazon’s huge losses in India “smells of predatory pricing”, which is not good for the country as it impacts crores of small retailers New Delhi: Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon’s announcement of $1 billion investment in India, saying the US retailer was not doing any great service to […]

The post Amazon’s investment in India to make up for its losses; not to support Indian economy: Goyal appeared first on India Retailing.

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