India's e-commerce market will touch $84 billion in 2021 from $24 billion in 2017, says Deloitte India report.
The report observed that despite the stress faced by the Indian rupee and the rising crude oil bill, Indian retail market would grow at a CAGR of 7.8 percent between 2021 and 2026
The government believes the push for initiating negotiations on substantive obligations related to e-commerce will oblige India to permanently accept the current moratorium on imposing customs duties
E-commerce biggies continue sales, CAIT watches
Integrating retail and telecom, mobilising kiranas, plus regulatory advantages could make it a formidable force
The government has recently revised norms for e-commerce companies having foreign investments
Amazon India, Flipkart shut down 60 categories, pushing out 45 mn products
Online marketplaces like Amazon and Flipkart might have to do away with up to 30% of sellers under the new norms
Traders warn of nationwide stir against stretching deadline; while DIPP not in favour of extension, senior officials to mull issue after returning from Davos
The United States government is concerned about India's revised e-commerce regulations and has told officials in New Delhi the policy will hinder the Indian investment plans of Amazon.com and Walmart
CAIT requested to make it explicitly clear whether private labelling or branding is allowed under FDI policy in the e-commerce sector
Industry experts believe e-commerce firms, especially Amazon India and Flipkart, are being unnecessarily targeted as offline retailers have for long owned private labels
CAIT cautioned that any changes made under the undue pressure of these lobbies will be strongly and stoutly opposed by the traders of India
Flipkart and US-based Amazon -- the two largest players in the burgeoning Indian e-commerce sector -- are expected to be hit the hardest once the new norms come into effect from February 2019
E-commerce firms such as Amazon.com, Flipkart Group will not be able to sell products from companies in which they have an equity interest or form exclusive agreements with sellers from Feb 1.
All issues that still favour big e-tailers will be sorted out
Both online and offline traders in the country will now be able to sell their goods on e-commerce platforms in a transparent manner, said CAIT
An e-commerce marketplace cannot sell products from group companies where it has an equity stake
Fresh restrictions on online retailers are arbitrary
Flash sales, discounts may stop; Amazon, Flipkart could suspend selling products of subsidiaries