Sector 6 | The Newsletter of AIM • 19 implied HN points • 11 Jan 23
- The 2018 FDI policy in India faced major challenges for companies like Flipkart and Amazon, making it harder for them to control inventory.
- In 2020, Jeff Bezos visited India to announce new investments, but the government seemed uninterested as he couldn't meet Prime Minister Modi.
- Around the same time as Bezos' visit, India's antitrust regulator began investigating Amazon and Flipkart, highlighting concerns about their business practices.