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Will Amazon be able to overcome challenges to its expansion plans in India?

A tougher global e-commerce environment and repeated policy and regulation problems are raising questions about the company's India expansion plans

Amazon | National Company Law Tribunal | NCLAT

Nivedita Mookerji  |  New Delhi 

Amazon’s “intent” to become the single largest shareholder in India’s largest offline retailer when foreign direct investment opens up in this sector is at the centre of controversy

For Amazon, North America accounts for 60 per cent of total sales, according to the financial results announced in April, its first quarterly loss since 2015. A clutch of countries other than the US, Canada and Mexico together account for just about 25 per cent of the Seattle-based e-commerce major’s international business. India is part of that small international business pie. Against the global economic turmoil and slowing of pandemic-fuelled growth in online shopping, industry watchers are wondering whether may cut its international exposure in foreign lands where losses are piling up.



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First Published: Tue, June 21 2022. 06:10 IST