DPIIT sends queries to Amazon & Flipkart on FDI norms adherence
Millennium Post Delhi|New Delhi 21October2019
DPIIT sends queries to Amazon & Flipkart on FDI norms adherence
Amazon and Flipkart have been asked to disclose names of top five sellers on their platform, price list of goods of preferred vendors and the kind of support provided to sellers

NEW DELHI: E-commerce giants Amazon and Flipkart have been asked to disclose names of top five sellers on their platform, price list of goods of preferred vendors and the kind of support provided to sellers, according to sources.

The Department for Promotion of Industry and Internal Trade (DPIIT) in separate questionnaires to these companies have also asked them to share their capital structure, business model and inventory management system.

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New Delhi 21October2019