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How to revive India's economy? Encourage ecommerce, says Amazon executive

Agarwal said Amazon works with some 500,000 sellers, and has created over 200,000 jobs in India since launching its ecommerce operations in 2013

Amazon | ecommerce | Indian Economy

Reuters  |  Hyderabad 

India needs to encourage ecommerce and reduce red tape to help small businesses sell online and export goods to help revive sagging domestic economic growth, a senior executive said on Wednesday. "There is so much opportunity to just let ecommerce thrive versus trying to define every single guard rail under which it should operate," Amazon's India head Amit Agarwal told Reuters, ahead of the launch of Amazon's biggest campus in the world in the southern Indian city of Hyderabad, on Wednesday. India revised its ecommerce rules in early 2019, creating ...

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First Published: Thu, August 22 2019. 08:10 IST