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Walmart, Amazon shape online sellers lobby to fight new e-commerce rules

Amazon India, Flipkart shut down 60 categories, pushing out 45 mn products

While the two firms had become compliant with the norms, sales had gone down by 25-30% and backend logistics have taken a serious hit too
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While the two firms had become compliant with the norms, sales had gone down by 25-30% and backend logistics have taken a serious hit too

Karan ChoudhurySubhayan Chakraborty New Delhi
Hit by the latest e-commerce rules, American majors Walmart and Amazon are planning to pitch the sellers on their Indian platforms against the domestic lobby groups such as the Confederation of All India Traders (CAIT) and Swadeshi Jagran Manch (SJM), it is learnt. 

The newly renamed Department for Promotion of Industry and Internal Trade (DPIIT) had last week clarified that there would be no extension to the February 1 deadline for e-commerce firms to comply with the conditions related to the FDI policy in the sector (known as Press Note 2), triggering panic among prominent online firms such as Amazon