In a directive that probably indicates it will grant Amazon permission to retail food products in India, the government has told the company to differentiate between the food products it is selling with other products.
Investing In Food
A few months ago Amazon had approached the government to ask permission to invest Rs. 3500 crore in India to sell its own and third party food products which have been made with local ingredients.
This request came after the government announced that it would allow 100% foreign direct investment in food in India.
“We have sought an approval to invest and partner with the government in achieving this vision,” an Amazon spokesperson said in a statement to the Economic Times. It plans to invest in building up infrastructure which will support its food retailing like warehouses and temperature controlled transport.
Amazon is expected to comply with the directive and issue an official statement soon.