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HindustanTimes Mon,29 Dec 2014

Ambitious Amazon steps up lobbying with US lawmakers for FDI in India

PTI  Washington, April 28, 2014
First Published: 11:30 IST(28/4/2014) | Last Updated: 11:35 IST(28/4/2014)

After supermarket giant Walmart, it appears that online retail major Amazon is lobbying hard with US lawmakers to seek support for facilitating its "foreign direct investment (FDI) in India".

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According to the latest lobbying disclosure reports filed with the US senate, Amazon lobbied for the second straight quarter in January-March on issues related to FDI rules in India.

Walmart, on the other hand, has halted its India-specific lobbying for the second consecutive quarter during the same period.

Amazon is aggressively expanding its presence in the Indian online retail market. It lobbied on Indian FDI issues during the October-December quarter of 2013 also.

Amazon.com and its group entities have been lobbying on various issues since 2000, but it was only in the quarter ended December 31, 2013, that its lobbying issues began to include “foreign direct investment in India”.

Earlier, Walmart had been lobbying very hard among the US lawmakers for their support on its FDI plans for India. However, a number of roadblocks including probes ordered by the Indian government seem to have tempered its ambitions for India.


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