E-commerce major Amazon.com Inc.’s India arm has been in the news after allegations of preferential treatment to two of its sellers and circumventing foreign direct investment (FDI) laws resurfaced. Amazon and rival Walmart-owned Flipkart are also being investigated by regulators for alleged anti-competitive practices and predatory pricing, among other charges. Amazon has committed around $6.5 billion to its India business. In an interview, Amazon’s global senior vice-president and India head Amit Agarwal spoke about the allegations, its large seller base and long-term strategy. Edited excerpts:
Register now to enjoy 3 free articles per month,
or log in to continue reading.
Stay informed with complimentary articles each month
Gain access to our exclusive newsletters delivered directly to your inbox
Be the first to know about all our summits!
Already a Subscriber? Log in