prasad1
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When Amazon founder and CEO, Jeff Bezos, “surprised” Indians with a three-day trip—and a flurry of India-focused announcements—beginning Jan.15, senior officials have mostly kept him at an arm’s distance. The best he managed was a closed-door meeting with business magnates such as Reliance Industries’ Mukesh Ambani, Infosys’ Narayana Murthy, and Future Group’s Kishore Biyani.
The reasons for this cold treatment, though still speculative, range from scrutiny of the internet behemoth over undercutting Indian retailers to divergence in political views.
Experts and observers are, meanwhile, concerned the episode may dent India’s image.
“The government’s decision to snub Amazon instead of using the opportunity to engage in meaningful dialogue is misguided. (It) lost an important opportunity to correct course and find a middle ground that is good for business and consumers,” Kartik Hosanagar, a professor of technology and digital business at the University of Pennsylvania’s Wharton School, told Quartz.
The reasons for this cold treatment, though still speculative, range from scrutiny of the internet behemoth over undercutting Indian retailers to divergence in political views.
Experts and observers are, meanwhile, concerned the episode may dent India’s image.
“The government’s decision to snub Amazon instead of using the opportunity to engage in meaningful dialogue is misguided. (It) lost an important opportunity to correct course and find a middle ground that is good for business and consumers,” Kartik Hosanagar, a professor of technology and digital business at the University of Pennsylvania’s Wharton School, told Quartz.