Amazon to invest $1 billion in digitising Indian SMBs: Jeff Bezos
Amazon to invest $1 billion in digitising Indian SMBs: Jeff Bezos
NEW DELHI: Amazon chief Jeff Bezos on Wednesday said the e-commerce major will invest USD 1 billion (over Rs 7,000 crore) in digitising small and medium businesses in India.nn
Dynamism. Energy. Democracy. #IndianCentury pic.twitter.com/U6cKJO60Rz
— Jeff Bezos (@JeffBezos) January 15, 2020
nnThe company will use its global footprint to export USD 10 billion worth of Make In India goods by 2025, Bezos said at the Amazon SMBhav summit which will focus on discussions around how technology adoption can enable small and medium businesses (SMBs) in India.nn
.@JeffBezos, @amazon Founder & CEO and @AmitAgarwal, @amazonIN Country Head have a Fireside Chat on Indian #SMBs, foundation of Blue origin, #climatechange and more at #AmazonSmbhav. pic.twitter.com/wh8k9L2EiP
— Amazon News India (@AmazonNews_IN) January 15, 2020
nnHe also stated that the India-US alliance will be the most important in 21st century.nnBezos is in India this week and is expected to meet top government functionaries, business leaders and SMBs.nnSource: Press Trust of India
