Amazon’s Meet With Modi Worth 3 Billion Dollars!
Amazon’s Meet With Modi Worth 3 Billion Dollars!
Image Courtesy : fortune.com
Jeff Bezos, Amazon’ s founder and chief executive announced that the company is taking its total share to US $5 billion in the Indian market after meeting Prime Minister Narendra Modi in Washington DC on Tuesday. The brand which had announced a US$2 billion investment in the Indian market in 2014, has said in a recent announcement that it will make an additional investment of US $ 3 billion (Rs 19,952 crore) in the country.
Being one of the fastest growing markets in the world, India is a priority for this Seattle-based e-commerce company as far as business is concerned.
“I can assure you, it’s only the beginning and as we say in Amazon, it’s only day one. We have already created some 45,000 jobs in India and continue to see huge potential in the Indian economy. Our Amazon.in team is surpassing even our most ambitious plans,’’ said Bezos while announcing the new investment.
He also said that Amazon would open a Web Services Cloud Region in India this year and the country would soon become home to the firm’s largest software engineering and development centre outside of the United States, located in Hyderabad.
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