US Pressures India To Open Its $125 Billion E-commerce Market To Amazon, Walmart: Report - Amazon.com (NASDAQ:AMZN), Walmart (NYSE:WMT)
1. U.S. advocates for Amazon inclusion in India trade negotiations. 2. India's e-commerce market worth $125 billion is currently restrictive for U.S. firms. 3. Amazon faces competition from local rival Reliance Group led by Mukesh Ambani. 4. Trade talks aim to expand U.S.-India bilateral trade to $500 billion. 5. Local traders express concerns over foreign investment impacting small businesses.