Piyush Goyal, Commerce and Industry Minister has asked to Department for Promotion of Industry Internal Trade(DPIIT) to summon Amazon India and Flipkart which alleged over violation of Foreign Direct Investment (FDI) policy.
On Wednesday meeting, the Confederation of All IndiaTrader(CAIT) to show him evidence pertaining for ‘deep discount and predatory pricing’ by Amazon India and Flipkart during their festive sales, said by reporters. Also, It further said that these firms were creating a competitive field. CAIT added that the government must ensure an audit on the functioning of e-commerce sites.
CAIT’s secretary-general Praveen Khandelwal had led the delegation to meet Goyal on Wednesday. Arvinder Khurana, president, All India Mobile Retailers Association, Dhairyasheel Patil, president, All India Consumer Products Distributors Federation, Guruprasad Mohapatra, secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) and other officers were part of the delegation.
Goyal gives instruction to Mohapatra to summon both companies to give their explanation on the points raised by CAIT. “The minister assured the delegation that if the need arises and unethical business practices are proven, the government might order an investigation,” said Khandelwal.
