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All foreign investments must adhere to law of the land: Piyush Goyal on Amazon row

Updated : January 20, 2020 07:04 AM IST

Big-ticket investments in the retail space should not hurt small traders who do not have "lakhs and crores" of rupees, Goyal said.
On Thursday, Goyal had questioned why the e-commerce market place should make losses but for its predatory pricing.
India does not allow foreign investment beyond 49 percent in multi-brand retailing and has not yet approved any application of overseas retailers.

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