New Delhi, Feb. 13 -- India's proposed comprehensive e-commerce policy that has drawn strong interest from global entities such as Amazon and Walmart may be put on the back-burner, two people aware of the matter said, as countries pause and reassess priorities in the wake of an eventful regime change in the US.

The development also signals a more cautious approach to regulating the sector as India weighs the potential impact on foreign investments and domestic e-commerce players in the evolving global trade landscape.

"It is not the right time to go ahead with the release of the e-commerce policy, given the changing global geopolitical scenario," one of the two people said on the condition of anonymity. "With trade dynamics shifting and...