Walmart to move forward taking to consideration the new FDI e-commerce policy

Walmart, World’s Largest retailer, was disappointed with the FDI policy for e-commerce in India.

The government last month closed online marketplaces like Flipkart and Amazon from selling products of companies.

Walmart assassins of 77 percent stake in Flipkart for USD 16 billion (Rs 1.05 crore).

Walmart to move forward taking to consideration the new FDI e-commerce policy Walmart to move forward taking to consideration the new FDI e-commerce policy wal 1 main

 

Walmart, World’s largest retailer, was disappointed with the FDI policy for E-commerce in India, and it had to make adjustments and move forward.

Executive Vice Chairman and Chief Financial Officer of Walmart Brett Biggs said the allotted changes, India has opportunities for the retailing major, Bentonville.

The government last month closed online marketplaces like Flipkart and Amazon from selling products of companies.

Walmart to move forward taking to consideration the new FDI e-commerce policy Walmart to move forward taking to consideration the new FDI e-commerce policy wal 2

The new policy of FDI in online retail issued by commerce and Industry ministry offered similar services to all its vendors without bias.

Earlier Walmart assassins of 77 percent stake in Flipkart for USD 16 billion (Rs 1.05 crore) that gave easy access to the US retailer over the Indian e-commerce market.