Udaan, India's Alibaba, is just the kind of antidote rural India needs
Udaan's B2B marketplace is becoming a boon for India's mom-and-pop kirana stores that struggle to connect with sellers in order to stock their shops.
Udaan's B2B marketplace is becoming a boon for India's mom-and-pop kirana stores that struggle to connect with sellers in order to stock their shops.
The new laws seem to be more focused on the instant deregulation of Indian agriculture rather than providing a methodical and inclusive process for figuring out how to protect 700 million-plus Indians, who barely eke out a living through farming.
The coming together of these two giants has important ramifications for how India will consume physical goods and data.
E-commerce giants like Amazon and Flipkart may soon not be able to compete with Reliance's interlocking new-era businesses. However, for that to happen, Reliance will need to think and act like a firm that genuinely innovates.
The cancelled trade concessions will be yet another setback for Indian Prime Minister Narendar Modi, who faces national elections in a few weeks.
Amazon and Walmart have suffered market cap hits, as well as substantially lower revenue and profit growth projections thanks to an ill-conceived and politically opportunistic move by the Indian government.
Opinion: Reeling from defeats in local elections and also hoping to curry favour from a large vote bank of shopkeepers and tradespeople before national elections in a few months, India's BJP government insists that Flipkart and Amazon migrate to new rules almost overnight, causing losses that may amount to as much as 40 percent of revenues.
Reeling from recent electoral losses, the BJP government’s latest e-commerce stance is an attempt to woo back small retail traders, say industry observers.
Brick-and-mortar retailers in India want special protection from deep discounting e-commerce behemoths Amazon and Flipkart, but the flip-flopping government may not come to their aid this time around.
Having squeezed the last drops from the country's English speakers, e-commerce outfits in India now realise that it is Indian language users who will provide the bulk of the boom that is yet to come.