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India's e-commerce majors are outliers in seeking govt protection

India not impacted by protectionism talk, global slowdown, says FM

Jaitley
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Finance Minister Arun Jaitley along with Union ministers Venkaiah Naidu and Ananth Kumar and Karnataka Chief Minister Siddharamaiah lighting lamps during inaugural session of 'Make In India' conference in Bengaluru (Photo: PTI)

Alnoor Peermohamed Bengaluru
The plea of India's largest homegrown e-commerce firms such as Ola, Snapdeal and Flipkart to the government for protecting them from global competition may have fallen on deaf ears, as the centre is gung-ho over the idea of attracting investments from wherever it wants to come.
"Not a single sound or whisper of protectionism is being heard in India, it's only being heard in developed economies outside. That in itself is a tribute to the fact that India is willing to accept investment from wherever the investment wants to come," said Arun Jaitley, Minister of Finance, at the Make in India

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