Amazon asks India to consider relaxing e-commerce lawFebruary 13, 2013 - 10:59 AMT PanARMENIAN.Net - U.S. online retail giant Amazon said Tuesday, Feb 12, it asked New Delhi to consider relaxing a law that stops its Indian subsidiary from selling directly to customers, AFP reports. The topic was raised when Paul Misener, Amazon's global vice president, met Indian Trade Minister Anand Sharma in New Delhi. "We talked about it (ending the ban on direct sales to customers)," Misener said after the meeting, adding that the company is always "trying to find a better way to serve our Indian customers, both sellers and buyers". Asked by reporters whether Sharma had made any commitment to change the retail policy Misener replied, "The government of India has been very kind to Amazon.com and we continue to grow here." Early last year, Amazon made its first foray into India with the launch of a shopping website, Junglee.com. Junglee, which means "wild" in Hindi, is a modified version of the world's top online retailer's shopping portal, allowing customers to search for different products and compare prices. It offers millions of products from Indian and global brands -- but buyers must make their purchases through a network of third-party suppliers either by ordering online or visiting them in person. Last year the Indian government eased legislation to allow foreign retailers such as US supermarket giant Wal-Mart to set up shop in India and sell directly to Indian consumers but online retailers were left out. The Junglee set-up allows Amazon's Indian website to sidestep government rules forbidding it to sell directly to customers as it only directs shoppers to sites rather than selling the products directly. India's e-commerce business is set to boom as incomes and consumer demand climb in a country of 1.2 billion people with a steadily ballooning middle class, analysts say. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |