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From the President's Desk

Dear Friends,

Just as the Industry was beginning to accept the inevitability of being swamped by the E-commerce juggernaut backed by unfair preferential rules (or rules not being enforced), the Government has, in a stunning turnaround, announced some major policy measures which can be a game changer in today’s turbulent times.

Whilst there could be, as usual, many a devil in the fine print, what the recent policy announcement means in essence is that Marketplace E-commerce Companies cannot buy from companies in which they have invested.

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