Top

21st century will be the century of India: Jeff Bezos

21st century will be the century of India: Jeff Bezos
Highlights

Making major investment announcements for small and medium businesses (SMB), Amazon CEO Jeff Bezos on Wednesday said that the 21st century will be the...

New Delhi:Making major investment announcements for small and medium businesses (SMB), Amazon CEO Jeff Bezos on Wednesday said that the 21st century will be the century of India.

Speaking at the Amazon Smbhav event here, Bezos announced that Amazon would invest $1 billion in digitising SMBs in the country.

He further said that the e-commerce major would use its global footprint to export Made in India goods worth $10 billion by 2025.

"I predict that 21st century is going to be the Indian century," he said, adding that apart from the dynamism it has, India is a democracy which is a major characterstic of the country.

He also observed that in terms of alliances, the 21st century would be about the bilateral relations between the US and India.

Bezos' visit to India comes at a crucial time as the Competition Commission of India has ordered an enquiry into the business practices of the e-commerce majors Amazon and Flipkart.

Show Full Article
Print Article
Download The Hans India Android App or iOS App for the Latest update on your phone.
Subscribed Failed...
Subscribed Successfully...
More Stories


Top