CAIT: Amazon, Flipkart etc. are violating FDI norms

Sushubh

Administrator
[OP]
Oct 29, 2004
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According to CAIT, as per the FDI policy guidelines, ecommerce portals receiving foreign direct investment can conduct business activities for B2B (business-to-business) business and will not be allowed to undertake B2C (business- to-consumer) business activities.
Flipkart | Amazon Sale: Discounts on Amazon, Flipkart & Snapdeal illegal, in violation of FDI rules: Traders' body - The Economic Times

I am very confused.