US govt defended Amazon after it faced allegations of flouting India’s FDI policy
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As the Indian government is scrutinising Amazon for allegedly flouting India’s FDI policy, the US officials had rushed to defend the ecommerce giant’s business practices. While Amazon has been accused of bypassing Indian FDI laws by many lobby groups like CAIT, All India Online Vendors Association (AIOVA) and others, a Reuters’ report published on February 17 this year was the final nail in the coffin.