India under Tariff Pressure To Give Amazon and Walmart’s Flipkart Full Market Access: FT
Moneylife Digital Team 23 April 2025
US president Donald Trump's administration intends to press India to give online retailers such as Amazon and Walmart full access to its US$125bn (billion) e-commerce market, the Financial Times (FT) reported citing industry executives, lobbyists and US government officials.
 
According to the report, the US plans to push prime minister (PM) Narendra Modi’s government for a level playing field on e-commerce in wide-ranging talks on a US-India trade agreement set to also cover sectors from food to cars, the newspaper reported.
 
FT did not mention what measures the Trump administration expects from the Indian government. 
 
Amazon and Walmart operate in India through local units but face restrictions on holding inventory and directly selling to consumers, unlike domestic firm Reliance Industries Ltd (RIL) which can open physical stores and leverage its vast retail network to reach customers across the country.
 
India and US are in the middle of chalking out a trade deal as part of New Delhi's efforts to avoid US tariffs.
 
US vice-president JD Vance also met with Indian PM Modi on Monday, as officials in New Delhi expect to clinch a trade deal with the US within the 90-day pause on tariff hikes announced by president Trump on 9 April 2025 for major trading partners.
 
Comments
parimalshah1
2 months ago
No way.
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