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Amazon, Flipkart creating jobs only for delivery boys: FISME
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SME Times News Bureau | 15 Jan, 2020
Claiming that e-commerce giants like Amazon import as much as 80 per
cent of the items sold on their platforms, small manufacturers' body has
said that their business models do not benefit local industry and are
creating jobs of delivery boys only.
"Neither manufacturers nor
traders are getting any benefit from the business models of Amazon and
Flipkart because they largely import their products from China and Korea
and sell here. Nearly 80 per cent of their products are imported," said
Anil Bhardwaj, Secretary General, Federation of Indian Micro and Small
& Medium Enterprises (FISME).
Bhardwaj said that the global
e-commerce players generally source and sell products through their own
preferred suppliers and as a result a large number of local
manufacturers and traders get crowded out.
He listed out deep discounting and buying products from preferred companies as unfair practices.
"Even
if they buy products from local suppliers the commission charged is
very high," Bhardwaj said adding that the issues related to unfair
practices have been raised with Commerce Ministry on multiple occasions.
FISME
maintains that the technology-driven retail is way forward and one
cannot be oblivious of the benefits it brings to consumers but at the
same time the local industry can also not be ignored given its role in
job creation.
"If both traders and local manufacturers are
crowded out then how would the local industry survive and employment be
generated?" asked Bhardwaj.
As Amazon Founder and CEO Jeff Bezos
is currently on his three-day visit to India, the local traders are up
in arms against the "unfair" trade practices of the tech giant.
Delhi-based Confederation of All India Traders (CAIT) has launched a
countrywide protest against the company and has organised protests
across 300 cities.
In a setback to Amazon and Walmart-backed
Flipkart, the fair market watchdog Competition Commission of India (CCI)
has ordered probe into the business operations of both the companies on
multiple counts including deep-discounts and exclusive tie-up with
preferred sellers.
"For the first time some concrete step has
been taken against Amazon and Flipkart who are continuously violating
the FDI policy in indulging into a vicious racket of controlling and
monopolising not only the e-commerce but even the retail trade as well,"
CAIT National Secretary General Praveen Khandelwal said after the CCI
order.
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