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Investors, trade bodies decry Piyush Goyal's statement on Amazon

Goyal said Amazon was not doing any favours by deciding to invest an additional $1 billion into India

Amazon CEO Jeff Bezos
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Amazon CEO Jeff Bezos | Photo: Reuters

Neha AlawadhiSubhayan Chakraborty New Delhi
Investors and multinational industry bodies expressed displeasure over Commerce and Industry Minister Piyush Goyal’s comments on Amazon, calling it the latest in a long string of episodes that showed the government placed undue importance on the views of domestic players, cutting out foreign voices in policy matters.

On Thursday, Goyal said Amazon was not doing any favours by deciding to invest an additional $1 billion into India, as had been announced by Amazon founder Jeff Bezos. Goyal had said the company was bringing in the additional funds to finance losses.

A day later, though Goyal said his statements had been taken out