Amazon, Flipkart creating jobs only for delivery boys, 80% products imported: FISME
NEW DELHI : Claiming that e-commerce giants like Amazon import as much as 80% of the items sold on their platforms, small manufacturers’ body has said that their business models do not benefit local industry and are creating jobs of delivery boys only.
“Neither manufacturers nor traders are getting any benefit from the business models of Amazon and Flipkart because they largely import their products from China and Korea and sell here. Nearly 80% of their products are imported,” said Anil Bhardwaj, Secretary General, Federation of Indian Micro and Small & Medium Enterprises (FISME).
Bhardwaj said that the global e-commerce players generally source and sell products through their own preferred suppliers and as a result a large number of local manufacturers and traders get crowded out.