India needs to reduce ecommerce restrictions to revive economy, says Amazon executive
Updated : August 22, 2019 06:42 AM IST
India revised its ecommerce rules in early 2019, creating hurdles for Amazon and rival Walmart Inc's ecommerce subsidiary, Flipkart.
Amazon's India head Amit Agarwal said Amazon works with some 500,000 sellers and has created over 200,000 jobs in India since launching its ecommerce operations in 2013.
India is considered the last major growth market for the e-commerce giant and founder Jeff Bezos has committed investments of more than $5 billion toward Amazon's expansion in India.
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