Amazon’s investment in India to make up for its losses; not to support Indian economy: Piyush Goyal
Commerce and Industry Minister Piyush Goyal on Wednesday (August 21, 2024) questioned Amazon’s announcement of $1 billion investment in India, saying the U.S. retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. He said that their huge losses in India “smells…