Ecommerce firms should respect law of land: Piyush Goyal
He had questioned Amazon's announcement of a USD 1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country.
Addressing an event in Mumbai, Goyal said e-commerce companies should stick to the rule of the law.
«The law of the land is very clear about foreign direct investment...I have been repeatedly talking about the subject that every ecommerce company should respect the law of the land both the letter and spirit,» he added.
«If you read today's papers, it opens up a lot of people to question,» he said.
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