• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, May 24, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home India News

India’s New ecommerce rules will impact businesses says, Amazon and Tata

by Balraj
July 4, 2021 - Updated On August 24, 2022
in India News, News
Reading Time: 2 mins read
0
Ecommerce sector

Image Source: Getty Images

TwitterWhatsappLinkedin

Representatives from e-commerce platforms such as Amazon and Tata met with government officials to express their worries about new e-commerce rules introduced last month and were advised stricter laws for online retailers would have a substantial impact on their business models.

You might also like

Judge Temporarily Blocks Trump Administration from Revoking Harvard’s Ability to Enroll Foreign Students

Louisiana Becomes First State to Adopt DOGE Voter Maintenance Database

Fire Erupts at Elon Musk’s X Data Center, Sparks Concern Over Safety and Expansion

The meeting was hosted by the Ministry of Consumer Affairs and Invest India, the government’s investment promotion body. The meeting, led by Nidhi Khare, Consumer Affairs Secretary, was held on Saturday evening, while Anupam Mishra, Joint Secretary, made the remarks. Most executives highlighted concerns and misunderstandings about the proposed guidelines and asked for an extension of the deadline for comment on 6 July.

Ecommerce sector
Image Source: Getty Images

The restrictions on flash sales, the definition of related parties, and the compliance of norms for e-commerce companies were among the important points mentioned, they said, adding that government officials requested written feedback on the rules. The country’s online sellers, particularly market leaders Amazon and Flipkart, were concerned about the government’s strict new e-commerce guidelines published on June 21 and designed to strengthen protection for consumers and small retailers.

Attempting to control companies that sell on their platform, exclusive partnerships with companies for online sales for smartphones and discounted items are already prohibited to the e-commerce giants.

Following the evaluation of industry perspectives, the Consumer Protection (e-commerce) Rules 2020 proposed on 21 June will be implemented. The laws should be tightened on e-commerce players, including excluding affiliates from selling on platforms and restricting flash sales. According to the draft proposal, the rules will apply to all e-commerce companies that are not based in India.

Also check: E-Commerce Strategy and how it trends for 2022

However, these new laws may raise expenses for domestic rivals such as Reliance Industries’ JioMart, BigBasket, and Snapdeal, in addition to forcing global players like Amazon and Walmart-owned Flipkart to reconsider their business strategies.

According to Reuters sources, Amazon stated that COVID-19 has already impacted small businesses. The proposed laws greatly affect their sellers, alleging that certain sections are already covered by existing law. However, on the other hand, Tata said that the regulations would prevent Starbucks from selling its items on Tata’s marketplace website in India, where the two companies have a joint venture.

According to the proposed guideline, e-commerce companies must verify that none of their associated enterprises is represented as sellers on their platforms. Since Amazon owns indirect ownership in at least two of its sellers, Cloudtail and Appario, this may impact Amazon.

Reuters quoted that an executive of Reliance that the proposed guidelines would enhance customer trust but that certain provisions needed to be clarified.

Tags: amazonEcommerce in IndiaflipkartJioMartministry of consumer affairsRelianceReutersStarbucksTata
Tweet54SendShare15
Previous Post

How to turn off your iPhone

Next Post

Florida may give go-ahead to The Boring Company’s tunnel plan

Balraj

Balraj writes about Startup, Business, Technology related news on Techstory... For Business Enquires related to TechStory; Get in touch on: [email protected]...

Recommended For You

Judge Temporarily Blocks Trump Administration from Revoking Harvard’s Ability to Enroll Foreign Students

by Anochie Esther
May 24, 2025
0
Trump

In a pivotal ruling on Friday, a federal judge temporarily halted the Trump administration’s effort to strip Harvard University of its ability to enroll international students a move...

Read more

Louisiana Becomes First State to Adopt DOGE Voter Maintenance Database

by Anochie Esther
May 24, 2025
0
Louisiana

In a significant move to modernize and clean up its voter registration rolls, Louisiana has become the first state in the country to adopt the federal government’s new...

Read more

Fire Erupts at Elon Musk’s X Data Center, Sparks Concern Over Safety and Expansion

by Anochie Esther
May 24, 2025
0
Fire

On an quiet Thursday morning, Firefighters rushed to the Hillsboro Technology Park at 10:21 a.m. after receiving reports of a fire. What they encountered was a smoke-choked room...

Read more
Next Post
Boring? Here Is A Sneak Peak At Elon Musk’s Boring Company Future Plans

Florida may give go-ahead to The Boring Company's tunnel plan

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?