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Piyush Goyal and Walmart CEO Judith McKenna discuss local product sourcing

All aspects of e-commerce business, business-to-business transactions, cash and carry, as well as global-sourcing norms,  were also learnt to have been discussed.

Published: 12th July 2019 07:57 AM  |   Last Updated: 12th July 2019 07:57 AM   |  A+A-

Walmart

The logo of Walmart used for representation. (Photo | Reuters)

By Express News Service

NEW DELHI:  Union Commerce and Industry Minister Piyush Goyal met senior leaders of Walmart wherein they discussed local sourcing and Make in India. 

All aspects of e-commerce business, business-to-business transactions, cash and carry, as well as global-sourcing norms,  were also learnt to have been discussed.

India’s e-commerce industry is currently at the crossroads: first, the country is still deliberating on an e-com policy and second, the recent tensions between e-com firms and the Centre on FDI rules that prohibit foreign investment in the inventory-based model or multi-brand retailing.

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