×
274
Fashion Jobs
CROCS
Associate Demand Planner
Permanent ·
CROCS
HR Manager
Permanent ·
BRIDGING TALENTS
Quality Control Manager ii Retail Fashion Brand ii Jaipur / Bangalore
Permanent · Bengaluru
ALLEGIS GROUP
Opening For Sales Manager - Chennai & Kolkata
Permanent · Chennai
IDFC FIRST BANK
Opening For Area Sales Manager - Corporate Salary Mumbai
Permanent · Mumbai
TAKSHAKA INTERIORS
Req. Production Manager/Executive -Wood Furniture
Permanent · Gurugram
TATA AUTOCOMP
Opening For Production Head at Chinchwad Plant
Permanent · Pune
SKYNET OUTSOURCING SERVICES
Production Manager Api Industries-Bharuch,Ankelshwar Location
Permanent · Bharuch
THE BANYAN HR CONSULTS
Regional Sales Manager For Women's Wear Garments CO For Delhi & Ncr
Permanent · National Capital Region
PEOPLE ALLIANCE WORKFORCE
Quality Manager / Quality Head - Garments Manufacturing Company
Permanent · National Capital Region
NIKE
Senior Technical Product Manager, ed&a – Tpmo
Permanent · Bengaluru
RANDSTAD
Area Sales Manager
Permanent · Gurugram
3F INDUSTRIES
Technologist/Production Manager For Our Amino Acid Plant
Permanent · Chennai
3F INDUSTRIES
Chemical Technologist/Production Manager For Our (Cbg) Plant
Permanent · Chennai
NEWGEN
Sales Manager (South India)
Permanent · Chennai
JOBSGURU CONSULTANT
Production Manager Outsourcing - Mumbai
Permanent · Mumbai
PEOPLE ALLIANCE WORKFORCE
Asst. Manager Quality/Quality Line Officer/qa & qc- Garments Industry
Permanent · National Capital Region
DR LAL PATHLABS
Area Sales Manager : Corporate Sales l dr Lal Pathlabs
Permanent · National Capital Region
TIME TECHNOPLAST
Regional Manager
Permanent · National Capital Region
ADIDAS
sr. Manager Sales Excellence
Permanent · GURUGRAM
RRD
Associate Production Manager
Permanent · Chennai
GOKALDAS EXPORTS
Asst Manager - Production Planning (Apparel / Garment Background)
Permanent · Bengaluru
Published
Nov 5, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

CAIT accuses Amazon of violating FDI policy, Amazon denies

Published
Nov 5, 2020

The Confederation for All India Traders accused U.S.-based e-commerce business Amazon of violating Foreign Direct Investment policy and the Foreign Exchange Management Act, with Amazon denying this claim.

A CAIT meeting prior to lockdown - CAIT Delhi- Facebook


CAIT wrote to the Union Minister of Commerce Piyush Goyal alleging that Amazon is conducting multi-brand retail activities in India through its investments without government approval, and asked Goyal to ensure the maximum penalty for the business.
 
“Documents available in the public domain show that Amazon has made an investment of about Rs 35,000 crore in Amazon India, a make-believe e-commerce marketplace platform, but in reality [it is] indirectly carrying multi-brand retail business,” said CAIT’s general secretary Praveen Khandelwal, the Press Trust of India reported. 

Khandelwal shared that he has called together business leaders from across India for an online meeting about the matter, urging the Enforcement Directorate to take swift action. The CAIT general secretary also said that traders could stage a protest if their voices are not heard and that CAIT is ready to take its case to the courts if it feels that would be necessary.
 
“As a responsible investor and a long-term player in India, Amazon complies with FDI laws and seeks regulatory approvals including from the Competition Commission of India,” an Amazon spokesperson responded, the Press Trust of India reported.

“Our investment in Future and all investments in India are in compliance with applicable regulations.”

Copyright © 2023 FashionNetwork.com All rights reserved.