Amazon, Flipkart, Snapdeal Under Fire For Flouting FDI Norms

India’s three best known brands in e-commerce have come under fire from CAIT (Confederation of All India Traders) for violating the forms prescribed for FDI related entities in the company. According to the CAIT, Flipkart, Amazon, and Snapdeal have contravened the government’s FDI policy, which prevents securing investments from abroad in entities working on an inventory based model in the area, and a complaint has been made with the DIPP. One may even recall that in March this year, the government had allowed e-commerce entities to avail 100 per cent...

Ecommerce Emerges As Major Driver For Warehousing Space: Study

While logistics undertakes the critical role of connecting production centres to consumption markets, inefficiencies in managing it could lead to a severe disruption in the entire supply chain network. In India, the experience pertaining to this sector has not been very encouraging, leading to colossal losses during the transportation, distribution and storage of goods. Thus, any effort towards addressing this problem will meet with much appreciation. E-commerce has emerged as a major driver for warehousing space in the National Capital Region (NCR), a report by real estate consultancy Knight Frank...

eTailers Increases Offline Presence To Expand Business

In a bid to offer touch and feel experience to end users, prominent e Commerce players are now increasing omnipresence to stand out in the clutter of highly contested online market space. e Commerce players such as Flipkart, Zivame, Pepperfry, FirstCry and Lenskart have started offline experience zones to differentiate their offerings from their online rivals and to increase their credibility. Companies say such stores can act as both a marketing tool and a sales channel and saves them advertising costs. Flipkart, the largest Indian e Commerce company, has rolled...