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Amazon not favouring by investing: Goyal

New Delhi: A day after Amazon chief Jeff Bezos announced $1-billion investment in India, Commerce Minister Piyush Goyal on Thursday said Amazon was not doing a favour to the country by the investments and questioned how the online retailing major...

Tribune Web Desk

Updated At : 01:15 PM Jan 17, 2020 IST

New Delhi: A day after Amazon chief Jeff Bezos announced $1-billion investment in India, Commerce Minister Piyush Goyal on Thursday said Amazon was not doing a favour to the country by the investments and questioned how the online retailing major could incur such “big” losses but for its predatory pricing. He said e-commerce companies have to follow Indian rules in letter and spirit and not find loopholes to make a back-door entry into multi-brand retail segment. PTI

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