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All foreign investments must adhere to law of the land: Goyal on Amazon row

Ahmedabad, Jan 17 () A day after stating that Amazon was not doing any favour to India by investing one billion dollars, Union minister Piyush Goyal on Friday said the country welcomes all kinds of investments that follow the “letter and spirit” of the law.
Goyal said that some people have misconstrued his remarks by suggesting that he had said something negative against Amazon.
“I was only saying that investment should come as per the rules and regulation,” Goyal said.
Big ticket investments in the retail space should not hurt small traders who does not have “lakhs and crores” of rupees, Goyal, who was here to inaugurate ‘Ahmedabad Design Week’, a three-day long event for the students of various design and architecture institutes, said.
“We welcome all kinds of investment. However, necessary

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