OnePlus hopes India doesn’t hurt ecommerce industry
Chinese smartphone maker One Plus is betting big on India but hopes that the government will not take any steps that will be detrimental to the ecommerce industry, which has surged in the past few years led by majors such as Flipkart and Amazon.
“We are studying the new requirements but hope that the policy makers will not erode the unique advantage that have been created in the connected online space in India, purely for the sake of expanding offline presence,” OnePlus founder Pete Lau to ET.
“Ecommerce represents the forefront of online retail and (hope that) India will not erode where it has a significant advantage,” he added.