Bezos protest sign

Amazon CEO Jeff Bezos is due to visit India this week to meet government officials and hold a huge Amazon event.
But many retailers in India who are being disrupted by Amazon want to make their displeasure felt.
A large Indian lobby group for retailers says it is rallying as many as 500,000 people to protest.
Visit Business Insiders home page for more stories.

Thousands — potentially hundreds of thousands — of Indian small-business people are planning to give Jeff Bezos an unpleasant welcome on an impending visit to the country.

Members of the a leading Indian small business group, the Confederation of All India Traders (CAIT), say they will mobilize between 100,000 and 500,000 people to protest against the Amazon CEO.

Praveen Khandelwal, CAIT’s secretary general, described his protest plans to Reuters and Bloomberg, saying that he expects people to demonstrate in as many as 300 cities around India.

The demonstrations are planned to hit on Wednesday, the same day Bezos is expected to attend a stadium-sized summit for small businesses being staged by Amazon in the capital, New Dehli.

CAIT members object to Amazon’s efforts to expand into the Indian retail sector, which is dominated outside of cities by small players.

They say Amazon, …read more


Source:: Businessinsider – Finance

      

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *