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Tata Group pushes for ecommerce legislative reform in India

Friday 23 July 2021 12:29 CET | News

India-based Tata Group has formally made propositions for new ecommerce rules for the Indian market.

According to Economic Times, the proposed India ecommerce rules would greatly increase the compliance burden of a conglomerate's numerous entities and interests. In June 2021, the government announced a future proposition for increased scrutiny of relationships between online marketplace operators and their partners. The plan was widely regarded as an attempt to curb the dominance of Amazon and Walmart Inc.'s Flipkart and support high-street shops.

Tata is known as owner of British luxury car brand Jaguar Land Rover, but it also makes cars at home under its own brand. The group is also active in steelmaking, IT outsourcing, and hotel and airline operation.

In retail, Tata has an offline portfolio including a joint venture with cafe operator Starbucks Corp. and stores it operates for Inditex fashion brand Zara, along with a majority stake in online grocer BigBasket. Tata launched its Tata CliQ online marketplace in 2016, which booked sales of USD 36 million in 2019-20. Through its app, the salt-to-software group plans to bring its brands together to offer services such as grocery shopping, meal and medicine delivery, sales of electronic products plus online fitness packages, people familiar with its plans said.


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Keywords: ecommerce, regulation, marketplace, super app
Categories: Payments & Commerce
Companies:
Countries: India
This article is part of category

Payments & Commerce