Published On: Jan 17, 2020

Commerce Minister Piyush Goyal on Friday said his statement that Amazon was "not doing a favour" by investing in India was taken out of context and that the government welcomes all investments provided they play by the rules. Goyal said that these investments should not create unfair competition for small traders."We welcome all types of investments. But if the foundation of any investment violates law then there will be a legal process. Some people think I said something negative against Amazon. If you look at the context of my statement, I said investment should come within the law and regulations. This process is followed across the world," the minister told reporters here when asked to comment on his statement.  

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