Friday, April 16, 2021
400 GTB

NNP LawOrder 11 04 2021

NNP Farmers

navan naroa 30

state mega job fair

Edu 20 March

Ayushman 11 04 2021

Markfed Sohna New

Verka Ice Cream

Innocent Hearts INNOKIDS Banner

Indian Mobile Retailers’ body writes to Modi, seeks suspension of Amazon operations in India

- Advertisement -

New Delhi, March 2, 2021-
The All India Mobile Retailers Association (AIMRA) has written a letter to Prime Minister Narendra Modi, stressing that Amazon’s operations in India should be suspended until a probe into the company is done.

AIMRA, a trade union that represents more than 1.5 lakh mobile phone retailers in the country, said that Amazon, along with leading mobile brands, have joined hands to derail the retail industry and put small retailers’ life in danger.

The association said that Amazon is doing business in India with the strategy of deftly dodging the regulators and politicians.

E-commerce companies promote sales on their platforms through their own preferred sellers.

“Unfortunately, E-commerce companies often are the stakeholders of these preferred sellers. Since 2014, mobile brands have had exclusive tie-up for sales with these very preferred sellers. All stocks are given to the preferred seller so that the e-com platform can show non-involvement and do not suffer any implications,” Arvinder Khurana, National President, AIMRA in the letter that was sent to Modi on Monday.

“This is basically a cover up of the alliance between brands and e-com companies to show that the word of the law is being followed, even though the spirit of the law is absent,” he added.

To further cover up this exclusive cartel, “online selling is barred for local retailers by the brands and on the other hand the commission asked by E-com companies is as much as the margin allotted to the seller by the brand,” the mobile retailers’ industry body said.

“Not only that, Amazon is using this ploy to register small traders but making it difficult for them to sell their products online with tough rules and miniscule margins,” Khurana argued.

Amazon was yet to react to the AIMRA letter.

After several years of growth, the India smartphone market exited 2020 at 150 million (15 crore) units, a 1.7 per cent (year-over-year) decline, according to the International Data Corporation (IDC).

Online channels were likely to account for a highest-ever 45 per cent share of smartphone sales in 2020. Among the online channels, Flipkart is likely to hold top position while Amazon will grow the fastest.

According to Khurana, they have seven crore traders in India whereas Amazon shows only four lakh, out of which the top 35 sellers are doing nearly 80 per cent businesses.

“Which is why it is imperative to curtail sales of each seller at 5 lakh to put an end to the fraudulent ways of all e-commerce businesses,” he emphasised.

The Confederation of All India Traders (CAIT) has also threatened to launch a nationwide campaign against the ecommerce giants for their alleged business malpractices and issues related to GST evasion. (Agency)

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -SGPC Wheat Appeal

Stay Connected

20,405FansLike
112,826FollowersFollow

ENTERTAINMENT

Ashutosh Rana tests positive for Covid-19

Mumbai, April 14, 2021- Actor Ashutosh Rana has tested positive for Covid-19. The 53-year-old actor shared the news on Facebook while wishing fans on the...

Jackie Shroff packs a punch, with health tip

Mumbai, April 14, 2021- Actor Jackie Shroff on Wednesday reiterated a basic maxim to underline the need to look after one's health. Jackie posted a picture...

Katrina Kaif has just herself for company

Mumbai, April 14, 2021- Bollywood star Katrina Kaif, who tested Covid positive earlier this month, is currently enjoying her own company, going by her social...

Rahul Roy tests Covid positive

Mumbai, April 14, 2021- Actor Rahul Roy on Wednesday took to social media to inform netizens that he has tested positive for Covid-19 along with...

National

GLOBAL

OPINION

Justice Ranjit Singh

Rare for Courts to interfere in the investigation of a crime: Justice Ranjit Singh on Kotkapura firing case

So far justice has eluded those who suffered at the hands of trigger happy police officials who had killed and injured various persons sitting...
Woman Working on Laptop

10 Best Side Business Ideas for Women in 2021

Are you desperately looking and searching for new ideas for side business for women? There are a lot of business ideas for women, and we...
Model Mosque

A model mosque – by Asad Mirza

The Muslim community should try to evolve the construction of the mosques, at a lesser cost besides fulfilling both functional and practical needs, and...

SPORTS

Health & Fitness

Social Isolation

Social isolation may reduce face recognition ability: Study

New York, April 15, 2021- A solitary lifestyle can have profound effects on the brains' abilities to recognise faces, finds a study on wasps with implications on humans facing social isolation due to the coronavirus pandemic. Paper wasps -- a social insect -- recognises the brightly coloured faces of other paper wasps. But, when reared in isolation, they tend to lose...

Gadgets & Tech

error: Content is protected !!