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Anti-FDI traders to sell on eBay, to start with

Small traders, known for opposing foreign investment in their business, may set up shop in American electronic commerce company eBay's online marketplace. Some trade bodies that already sell on eBay are expanding their presence. The Bharatiya Janata Party's prime ministerial candidate, Narendra Modi, last month urged small traders to compete with foreign retail chains through e-commerce. At a conference organised by traders' associations in the capital, Modi, without stating his position on foreign investment in supermarkets, said, "The online world presents new ...