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Bezos says Amazon will invest $1 billion in digitising small, medium businesses in India

Amazon will use its global footprint to export $10 billion worth of Make In India goods by 2025, Amazon CEO Jeff Bezos said at the company's 'SMBhav' summit.

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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.

The 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.

He also stated that the India-US alliance will be the most important in 21st century.

Bezos is in India this week and is expected to meet top government functionaries, business leaders and SMBs.


Also read: Amazon CEO Jeff Bezos’ India visit is marked by probe and protests


 

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