Jeff Bezos began a visit to India with effusive praise and investment pledges, just days after an antitrust watchdog ordered an investigation into Amazon and Walmart-owned Flipkart and their operations in the country. “I predict that the 21st century is going to be the Indian century,” said Mr Bezos, the Amazon founder, at an event in New Delhi’s Jawaharlal Nehru stadium on Wednesday. Mr Bezos announced that Amazon would invest $1bn to digitise small and medium businesses across India and targeted $10bn in “Make in India” exports by 2025, in an endorsement of Prime Minister Narendra Modi’s flagship drive to boost manufacturing. Read More...
Jeff Bezos began a visit to India with effusive praise and investment pledges, just days after an antitrust watchdog ordered an investigation into Amazon and Walmart-owned Flipkart and their operations in the country. “I predict that the 21st century is going to be the Indian century,” said Mr Bezos, the Amazon founder, at an event in New Delhi’s Jawaharlal Nehru stadium on Wednesday. Mr Bezos announced that Amazon would invest $1bn to digitise small and medium businesses across India and targeted $10bn in “Make in India” exports by 2025, in an endorsement of Prime Minister Narendra Modi’s flagship drive to boost manufacturing.
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