Thursday, 22 December 2016

Protectionist calls don't worry Amazon, says India chief

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Indian startups need protection from foreign competition, this is the call made by Flipkart founder Sachin Bansal and Ola chief executive Bhavish Aggarwal. They expect what China did with its own in the first decade of the millennium should be repeated in India. Standing the pressure from the homegrown companies, Amazon India chief Amit Agarwal says that the e-commerce giant is fully prepared to deal with protectionist measures if such a situation arises at all.

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