Unfettered growth of e-commerce in India may cause “huge social disruption”, impacting the livelihood of 100 million small retailers across the country, Union commerce and industry minister Piyush Goyal said on Wednesday, accusing multinationals such as Amazon of resorting to unfair practices such as predatory pricing to gain market share. His comments are likely to...
Tag: Piyush Goyal
Post
Post
Piyush Goyal isn’t happy with online shopping boom, warns India will become a country of couch potatoes
Union Minister of Commerce & Industry, Piyush Goyal, voiced his concerns about the rapid growth of online shopping in India, warning that it could turn the country into “a nation of couch potatoes.” He cautioned that the convenience of e-commerce might lead to a more sedentary lifestyle, with people opting to stay home, watch OTT...
Post
‘Huge potential’: Piyush Goyal asks Swiss firms to invest in India
A 12-member Indian business delegation also had networking opportunities with Swiss entrepreneurs | (photo: ANI) 2 min read Last Updated : Jul 16 2024 | 10:39 PM IST Commerce and Industry Minister Piyush Goyal has asked Swiss companies to invest in India as several sectors hold huge potential, an official statement said on Tuesday....
Post
Huge investment opportunities in India: Piyush Goyal to Swiss investors
The minister also met senior officials from Zurich Airport, including Chairman of the Board of Directors, Zurich Airport, Josef Felder. | (photo: ANI) 2 min read Last Updated : Jul 15 2024 | 9:41 PM IST Commerce and Industry Minister Piyush Goyal on Monday held discussions with potential investors in Zurich and informed them...
Post
India-EFTA FTA: Goyal to meet investors in Switzerland on FDI commitment
3 min read Last Updated : Jul 10 2024 | 6:41 PM IST Commerce and Industry Minister Piyush Goyal is set to travel to Switzerland on Sunday to meet investors, in line with the $100 billion investment commitment under the India-European Free Trade Association (EFTA) trade deal signed earlier this year. The minister’s...