Amazon optimistic about a stable ecommerce policy in India, says CFO

Company says this would help it continue investing in technology and infrastructure and create jobs

Amazon on Friday said it is hopeful that India would have a stable and predictable e-commerce policy, and the online retailer was engaging with the government on this. This would allow the Seattle-headquartered company to continue investing in “technology and infrastructure” in the country, said Brian Olsavsky, senior vice president and chief financial officer of Amazon during an earnings call. “And it also helps us to create jobs and scale local businesses,” he added.

After the revised e-commerce policy was announced last December, Amazon had to face downtime in India owing to certain regulatory changes. The revised policy had barred e-commerce