FILE PHOTO: A small toy shopping cart is seen in front of Amazon and Flipkart logos in this picture illustration taken, July 30, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
NEW DELHI (Reuters) - India's plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, memos reviewed by Reuters show, with the Ministry of Finance describing some proposals as "excessive" and "without economic rationale".
The memos offer a rare glimpse of high-stakes policy-making governing a market already featuring global retail heavyweights from Amazon to Walmart, plus domestic players like Reliance Industries and Tata Group. The sector is forecast by Grant Thornton to be worth $188 billion by 2025.
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