Since the Foreign investment rules kicked in earlier this year,putting several restrictions on foreign-funded online platforms, ecommerce players have been feeling the heat. The recent changes have prompted ecommerce giants Flipkart and Amazon to tune up their team for government affairs and public policy.
According to reports, Walmart-owned Flipkart has hired Dhiraj Kapur, former VP of corporate affairs at Carlsberg India. He has been assigned as the head of government affairs and will be a key to the company’s understanding of the government’s policies. Dhiraj is putting a team together which will constitute members from several states, reporting to Rajnees Kumar, the chief of corporate affairs at Flipkart.
Flipkart is likely to hire retired IAS and IPS officers as experts to advise it on the government’s policies and affairs. The Bengaluru-based company is also said to have been working with stakeholders across the country to create a shared value of the business.
“To continue creating value for these different stakeholders, including communities, we work with industry associations, farmers and FPOs, other partners, governments and public authorities at the central and state levels,” Kumar said in an emailed response to Ecomonic Times.
Flipkart’s rival Amazon is also planning to hire experts for three managerial posts on public policy and government affairs. According to reports, a senior executive of foreign digital economy said that the aggressive hiring in these sectors come as a consequence of the new FDI policies.